Sysco Corp EVP & CIDO Navin Advani Files Initial Statement of Beneficial Ownership
SYSCO CORP
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Filing Summary
Initial Beneficial Ownership Filing (Form 3) Company: Sysco Corp ($SYY) Insider: Navin Advani Title: Executive Vice President, Chief Information and Digital Officer Effective Date: November 1, 2026
Holdings Reported: • Common Stock: 6,010.158 shares (Direct) • Stock Options: 32,422 shares underlying options across 7 grants (Exercise prices: $58.08 - $85.57)
Significance: Low (Routine Form 3 upon assuming Section 16 officer status)
Comprehensive Analysis
Executive Summary
On November 3, 2026, Navin Advani, Executive Vice President, Chief Information and Digital Officer of Sysco Corp ($SYY), filed an initial Form 3 reporting beneficial ownership of company securities as of November 1, 2026.
Reported Holdings
Non-Derivative Securities
- Common Stock: 6,010.158 shares held directly.
Derivative Securities (Stock Options - Right to Buy)
Mr. Advani reported holding stock options covering a cumulative total of 32,422 shares of Common Stock across seven separate grants:
- 7,386 options with an exercise price of $72.80, expiring August 20, 2029.
- 8,244 options with an exercise price of $58.08, expiring August 19, 2030.
- 4,090 options with an exercise price of $76.94, expiring August 18, 2031.
- 2,923 options with an exercise price of $85.57, expiring August 17, 2032.
- 3,004 options with an exercise price of $73.53, expiring August 9, 2033.
- 3,240 options with an exercise price of $76.54, expiring August 20, 2034.
- 3,535 options with an exercise price of $80.98, expiring August 20, 2035.
Market and Trading Significance
- Significance Level: Low
- Context: Form 3 filings establish an initial baseline of ownership when an individual becomes subject to Section 16 reporting obligations. Because this filing reflects existing equity awards and share accumulation rather than an open-market transaction, it carries neutral market sentiment.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
