secwatch.observer — SEC 8-K summary
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Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K/A
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0000096021-23-000186
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Sysco EVP & CCO Judith Sansone to stay part-time after retirement; gets $141K salary, equity vesting
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- Retired as EVP/CCO effective Oct 2, 2023; will remain as non-executive advisor per Oct 5 letter agreement.
- Part-time role pays annual base salary of $141,400; eligible for continued vesting of equity awards.
- If terminated before Oct 1, 2024 without cause, cash payment for unvested RSUs' FMV plus unvested PSUs from FY2022.
- Continued company-subsidized healthcare coverage and 401(k) participation as part of advisory role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000009602123000186/0000096021-23-000186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000009602123000186/syy-20230907.htm
  HTML page:      https://secwatch.observer/filing/0000096021-23-000186

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