---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-002498"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2026-09-04T20:05:22+00:00"
generated_at: "2026-09-04T20:07:47.909194+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sysco adds $750M term loan facility to fund JRD acquisition; awards retention PSUs

## Summary
- Established $750M senior unsecured delayed draw term loan (CoBank Term Loan) with $375M 6-yr and $375M 8-yr tranches.
- Proceeds to partially fund cash consideration for JRD Unico/Warehouse Realty acquisition; draws available over one year.
- CEO Kevin Hourican and Interim CFO Brandon Sewell receive PSUs ($2M and $1M) contingent on JRD closing, expected by Q3 2027.
- EVP/CHRO Ronald Phillips gets $700K cash award for AI transformation; 50% vests Sept 4, 2026, 50% on JRD closing.

## SEC filing metadata
- accession: 0000950142-26-002498
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2026-09-04T20:05:22+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000095014226002498/0000950142-26-002498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000095014226002498/eh260826448_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-002498
- JSON: https://secwatch.observer/filing/0000950142-26-002498.json
- Plain text: https://secwatch.observer/filing/0000950142-26-002498.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.