James Chris Jasper - 14 Mar 2024 Form 4 Insider Report for SYSCO CORP (SYY)

Role
SVP
Signature
/s/Eve M. McFadden, Attorney-in-fact
Issuer symbol
SYY
Transactions as of
14 Mar 2024
Net transactions value
-$321,640
Form type
4
Filing time
15 Mar 2024, 17:06:11 UTC
Previous filing
13 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Sale $321,640 -4,000 -18% $80.41 18,531 14 Mar 2024 Direct F1
holding SYY Common Stock 4,188 14 Mar 2024 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to a Rule 10b5-1 trading plan.