Sysco Corp Officer Ronald L. Phillips Files Form 144 Notice of Proposed Sale
SYSCO CORP
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Filing Summary
Form 144 Filing Alert: SYSCO CORP ($SYY) • Insider: Phillips Ronald L (Officer) • Proposed Sale: 960 Common Shares (~$79,680.00) • Approx. Sale Date: 09/11/2026 • Broker: Fidelity Brokerage Services LLC • Trading Plan: Rule 10b5-1 adopted on 09/04/2025 • Acquisition: Stock Option Exercise on 09/11/2026
Comprehensive Analysis
Executive Summary
On September 11, 2026, Ronald L. Phillips, an Officer at SYSCO CORP ($SYY), filed a Form 144 notice indicating the proposed sale of 960 shares of common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $79,680.00 (approximately $83.00 per share).
Transaction Breakdown
- Securities to be Sold: 960 Common Shares
- Acquisition Source: Stock Option Exercise from the issuer on September 11, 2026 (paid via cash)
- Rule 10b5-1 Plan: The sale is executed pursuant to a pre-arranged trading plan adopted on September 4, 2025.
- Past 3 Months Selling Activity:
- 08/10/2026: 6,285 shares ($527,562.90)
- 08/11/2026: 367 shares ($30,604.13)
- 08/21/2026: 7,350 shares ($614,533.50)
- 08/24/2026: 506 shares ($42,549.54)
Market Impact & Significance
This filing carries Low market significance due to the relatively small volume of shares (960 shares vs. 479M shares outstanding) and the fact that it is being conducted under a pre-established Rule 10b5-1 plan following an option exercise.
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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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