Sysco (NYSE: SYY) interim CFO discloses stock and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SYSCO CORP interim CFO Brandon Elliot Sewell filed an initial ownership report showing his equity stake in the company. He directly holds 4,277.652 shares of common stock. The filing also lists several stock option grants, each giving him the right to buy SYSCO common shares at preset prices.
The options cover 2,492 shares at an exercise price of $76.94 expiring on August 18, 2031, 2,844 shares at $85.57 expiring on August 17, 2032, 2,507 shares at $73.53 expiring on August 9, 2033, 2,583 shares at $76.54 expiring on August 20, 2034, and 5,086 shares at $80.98 expiring on August 20, 2035. Footnotes describe standard vesting schedules, with portions of each grant becoming exercisable in annual thirds after the respective vesting start dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Sewell Brandon Elliot
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to buy) — 2,492 shares (Direct);
Common Stock — 4,277.652 shares (Direct)
Footnotes (1)
- One-third of the shares covered by the grant vest and are exercisable on 08/19/2022, 08/19/2023 and 08/19/2024, respectively. No options may be exercised prior to 08/20/2021. Options will expire on 08/18/2031. One-third of the shares covered by the grant vest and are exercisable on 08/18/2023, 08/18/2024 and 08/18/2025, respectively. No options may be exercised prior to 08/18/2023. Options will expire on 08/17/2032. One-third of the shares covered by the grant vest and are exercisable on 8/10/2024, 8/10/2025 and 8/10/2026, respectively. No options may be exercised prior to 8/10/2024. Options will expire on 8/9/2033. One-third of the shares covered by the grant vest and are exercisable on 8/21/2025, 8/21/2026 and 8/21/2027, respectively. No options may be exercised prior to 8/21/2025. Options will expire on 8/20/2034. Stock options granted on 08/21/2025 and become exercisable with respect to 33.3% of the total number of originally issued options on each of the first three anniversaries of the grant date.
FAQ
What does SYSCO (SYY) interim CFO Brandon Sewell report on this Form 3?
He reports his initial ownership of SYSCO equity, including 4,277.652 common shares and multiple stock option grants. The options give rights to buy SYSCO common stock at fixed prices with expirations between 2031 and 2035.
What stock options are reported for SYSCO (SYY) interim CFO Brandon Sewell?
He reports stock options over 2,492, 2,844, 2,507, 2,583 and 5,086 underlying shares, with exercise prices from $73.53 to $85.57. These options expire between August 2031 and August 2035 and follow scheduled vesting in annual thirds.
Are any buy or sell transactions disclosed for SYSCO (SYY) in this Form 3?
No buy or sell transactions are disclosed; the entries are classified as holdings. The Form 3 provides a snapshot of Brandon Sewell’s existing common stock and option positions rather than reporting new market trades in SYSCO shares.
How do the SYSCO (SYY) option grants for Brandon Sewell vest over time?
Footnotes state that one-third of the shares in several grants vest and become exercisable on each of three annual dates after the grant’s start. Another grant dated August 21, 2025 vests in roughly 33.3% increments on each of the first three anniversaries.