Sysco Corp Director Larry C. Glasscock Receives Stock in Lieu of Retainer Fees
SYSCO CORP
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Filing Summary
📋 Form 4 Filing: Sysco Corp ($SYY) Insider: Larry C. Glasscock (Director) Transaction: Acquisition of 334 shares @ $78.49 ($26,215.66 total) Context: Grant in lieu of non-employee director annual cash retainer fees Post-Transaction Ownership: 105,171.492 shares (Direct) Significance: Low (Routine director compensation)
Comprehensive Analysis
Executive Summary
On October 2, 2026, Sysco Corporation ($SYY) director Larry C. Glasscock filed a Form 4 detailing an acquisition of 334 shares of Common Stock on September 30, 2026. The transaction was priced at $78.49 per share, representing an aggregate value of approximately $26,215.66.
Transaction Details
- Security: Common Stock
- Transaction Type: Acquisition (Code: A)
- Shares Acquired: 334 shares
- Price per Share: $78.49
- Total Transaction Value: $26,215.66
- Post-Transaction Holdings: 105,171.492 shares held directly
Filing Nuances & Context
According to Footnote 1 of the filing, the 334 shares were granted in lieu of a portion of non-employee director annual cash retainer fees under the Sysco Corporation 2018 Omnibus Plan. This includes 175 shares received in lieu of the base retainer. Delivery of the shares has been deferred pursuant to the 2009 Board of Directors Stock Deferral Plan. Because this acquisition represents routine director compensation elected in equity rather than an open-market purchase, it carries low predictive signal for market direction.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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