A Form 4 filed with the SEC on September 3, 2026, discloses that Kevin Hourican, Chair and CEO of Sysco Corp (NYSE:SYY), acquired 84,581 restricted stock units on September 1, 2026, at no cost.

Key Highlights

  • Grant date: September 1, 2026, with 84,581 restricted stock units acquired by Kevin Hourican.
  • Price paid: $0, as reported in the filing.
  • Vesting schedule: One-third of the units vest on each of September 1, 2027, September 1, 2028, and September 1, 2029.
  • Post-transaction ownership: Hourican directly holds 552,923.393 shares of common stock following the reported transaction.
  • Grant authority: The units were granted by the Compensation and Leadership Development Committee of the Board of Directors under the 2018 Omnibus Incentive Plan.
  • Reporting person role: Hourican is identified as both a Director and an Officer, listed as Chair and CEO.

Details of the Restricted Stock Unit Award to Sysco's Chair and CEO

According to the filing, Kevin Hourican received an acquisition of 84,581 restricted stock units (RSUs) in Sysco Corp common stock on September 1, 2026. The transaction is coded "A" for acquired, and the price reported is $0, indicating the award was granted at no direct cost to the recipient. The filing identifies the grant as having been authorized by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.

The filing discloses that the RSUs are subject to a three-year vesting schedule. Specifically, the filing states that "one-third of the restricted stock units shall vest in equal installments on 09/01/2027, 09/01/2028 and 09/01/2029, respectively." No derivative securities transactions were reported in Table II of the form.

Following the reported transaction, Hourican's directly held beneficial ownership of Sysco common stock stands at 552,923.393 shares, as stated in the filing. The Form 4 was signed by Boyd Chapin as attorney-in-fact on September 3, 2026, and was filed as an individual, single-reporting-person disclosure. No indirect ownership positions were reported in connection with this transaction.

What Was Disclosed

Sysco Corp's Chair and CEO Kevin Hourican was granted 84,581 RSUs on September 1, 2026, at $0 cost, under the 2018 Omnibus Incentive Plan. The units vest in equal thirds over three years beginning September 1, 2027. His total direct beneficial ownership following the grant is 552,923.393 shares.