Sysco SVP Garrett Brenna Receives 1,461 Shares via Award

What Happened

• Garrett Brenna C, Senior Vice President & Chief Commercial Officer of Sysco Corp (SYY), received 1,460.788 shares on 2026-07-31 upon vesting of performance share units (PSUs). The shares were valued at $84.71 each, totaling about $123,743.
• Simultaneously, 357 shares were withheld to satisfy tax withholding obligations (disposed) at the same $84.71 price, representing about $30,241. This was an award/vesting event (code A) with tax withholding (code F), not an open-market purchase or voluntary sale.

Key Details

• Transaction date: 2026-07-31. Filing date: 2026-08-04 (filed within the two-business-day Form 4 window).
• Price per share reported: $84.71.
• Shares received: 1,460.788 (award). Shares withheld for taxes: 357.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: PSUs were granted in August 2023 under the 2018 Omnibus Incentive Plan and vested based on Sysco's pre-established financial performance metrics for fiscal 2024–2026 (F1). The withheld shares were used to pay tax withholding obligations (F2).

Context

• This was a routine vesting of performance-based equity, not an open-market purchase or sale; withheld shares for taxes are a common cashless withholding practice and do not necessarily indicate a change in insider sentiment.
• Because these shares were earned via performance metrics set by the Compensation Committee, the award reflects prior multi-year performance measurement rather than a near-term trading decision.