Sysco Corp Director Receives Stock in Lieu of Cash Retainer
SYSCO CORP
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Filing Summary
Sysco Corp ($SYY) Director Daniel J. Brutto acquired 63 shares of Common Stock at $78.49 per share ($4,944.87 total value) on September 30, 2026, received in lieu of cash retainer fees.
Comprehensive Analysis
Executive Summary
On October 2, 2026, Sysco Corporation ($SYY) filed a Form 4 reporting a transaction by Director Daniel J. Brutto. On September 30, 2026, Mr. Brutto acquired 63 shares of common stock at a price of $78.49 per share, totaling approximately $4,944.87. Following the transaction, Mr. Brutto directly owns 38,792.532 shares of Sysco common stock.
Transaction Details
- Date: September 30, 2026
- Transaction Code: A (Grant/Award/Allocation)
- Shares Acquired: 63 shares
- Price per Share: $78.49
- Total Value: $4,944.87
- Nature of Transaction: Pursuant to footnote (1), these shares were elected to be received in lieu of a portion of non-employee director annual cash retainer fees under the Sysco Corporation 2018 Omnibus Incentive Plan.
Analysis and Significance
This transaction represents routine director compensation elected in stock rather than cash. Because the transaction size is very small (63 shares / ~$4.95K) and stems from standard retainer elections rather than an open-market purchase, it carries low trading significance for investors.
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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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