Sysco (NYSE: SYY) director takes 378 shares instead of cash retainer fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLASSCOCK LARRY C reported acquisition or exercise transactions in this Form 4 filing.
Sysco Corp director Larry C. Glasscock received a grant of 378 shares of common stock on March 31, 2026 at an indicated value of $69.30 per share. These shares were elected in lieu of a portion of his non-employee director annual cash retainer fees under Sysco’s 2018 Omnibus Incentive Plan and their receipt has been deferred pursuant to the 2009 Board of Directors Stock Deferral Plan. Following this compensation-related award, he directly holds a reported total of 102,327.313 Sysco shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GLASSCOCK LARRY C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 378 | $69.30 | $26K |
Holdings After Transaction:
Common Stock — 102,327.313 shares (Direct)
Footnotes (1)
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Key Figures
Stock grant: 378 shares
Grant valuation price: $69.30 per share
Post-transaction holdings: 102,327.313 shares
+1 more
4 metrics
Stock grant
378 shares
Common Stock awarded in lieu of cash retainer
Grant valuation price
$69.30 per share
Reported transaction price for the 378-share award
Post-transaction holdings
102,327.313 shares
Total Sysco common stock held directly after award
Shares tied to base retainer
198 shares
Portion of 378-share award linked to base retainer
Key Terms
non-employee director annual cash retainer fees, Sysco Corporation 2018 Omnibus Incentive Plan, 2009 Board of Directors Stock Deferral Plan
3 terms
non-employee director annual cash retainer fees financial
"Represents shares elected to be received in lieu of a portion of non-employee director annual cash retainer fees"
Sysco Corporation 2018 Omnibus Incentive Plan financial
"pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan, including 198 shares"
2009 Board of Directors Stock Deferral Plan financial
"The receipt of these shares has been deferred pursuant to the 2009 Board of Directors Stock Deferral Plan"
FAQ
What did Sysco (SYY) director Larry C. Glasscock report in this Form 4?
Larry C. Glasscock reported receiving 378 Sysco common shares as a grant. The shares were taken instead of part of his director cash retainer and are deferred, increasing his direct holdings to 102,327.313 shares.
Was the Sysco (SYY) Form 4 transaction a market purchase or sale?
The transaction was not a market trade but a grant of 378 shares. These shares were elected in lieu of a portion of Glasscock’s non-employee director annual cash retainer, under Sysco’s 2018 Omnibus Incentive Plan.