Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 61

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 8
Chunk 61
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 adjustments127 (76)148 — 199 Amounts reclassified from accumulated    other comprehensive loss— 8 24 — 32 Change in marketable securities— — — (2)(2)Balance as of Jul. 1, 2023(374)(32)(840)(7)(1,253)Other comprehensive income before    reclassification adjustments(33)15 (97)— (115)Amounts reclassified from accumulated    other comprehensive loss— 7 20 — 27 Change in marketable securities— — — 2 2 Balance as of Jun. 29, 2024(407)(10)(917)(5)(1,339)Other comprehensive income before    reclassification adjustments287 (54)(21)— 212 Amounts reclassified from accumulated    other comprehensive loss— 5 20 — 25 Change in marketable securities— — — 4 4 Balance as of Jun. 28, 2025$(120)$(59)$(918)$(1)$(1,098)

18.  SHARE-BASED COMPENSATION

We provide compensation benefits to employees under several share-based payment arrangements including various long-term employee stock incentive plans and the 2025 Employee Stock Purchase Plan (ESPP).Stock Incentive PlansIn November 2018, Sysco’s Omnibus Incentive Plan (2018 Plan) was adopted and reserved up to 51,500,000 shares of Sysco common stock for share-based awards to employees, non-employee directors and key advisors. Of the 51,500,000 authorized shares, the full 51,500,000 shares may be issued as options or stock appreciation rights and up to 17,500,000 shares may be issued as restricted stock, restricted stock units or other types of stock-based awards. To date, we have issued options, restricted stock units and performance share units under the 2018 Plan. Vesting requirements for awards under the 2018 Plan vary by individual grant and may include either time-based vesting or time-based vesting subject to acceleration based on performance criteria for fiscal periods of at least one year. The contractual life of all options granted under the 2018 Plan are and will be no greater than ten years. As of June 28, 2025, there were 37,130,115 remaining shares authorized and available for grant