Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 46

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 46
---
 the interests of senior management with those of our stockholders. These guidelines require NEOs and other senior management members to hold a specified amount of shares of Sysco Common Stock. For the purposes of determining compliance with the stock ownership guidelines, stock is defined as directly owned Sysco common stock and RSUs. Individuals have five years from their appointment date to reach their designated minimum stock ownership levels. Stock ownership thresholds are determined based on each NEO's base salary and level of responsibility. A review by Semler Brossy confirmed that our stock ownership guidelines are competitive within our executive compensation peer group. To monitor adherence, the Board reviews stock ownership status of each NEO during all regular meetings. NEOs who fail to meet the required ownership levels must retain 25% of the net shares from stock option exercises and 75% of net shares acquired from the vested RSUs and PSUs.

| Position                  | Minimum Ownership Requirement(Multiple of base salary) |
| CEO                       | 7x                                                     |
| Executive Vice Presidents | 4x                                                     |
| Senior Vice Presidents    | 2x                                                     |

As of the record date, September 17, 2025, all NEOs either exceeded the ownership requirements or remained on track to achieve compliance within the five-year timeframe. Trading Restrictions Sysco has implemented a Securities Trading Policy (“Trading Policy”) to ensure compliance with insider trading laws and regulations . The Trading Policy prohibits trading in Sysco securities while possessing material non‐public information (“MNPI”). The Trading Policy applies to all directors, officers and employees (including their households and certain family members), and legal entities controlled by them, as well as contractors or consultants with access to MNPI. The Trading Policy prohibits directors, executive officers, and specified employees from trading during designated “Blackout Periods” and from engaging in certain hedging transactions. Executive officers, including NEOs, must conduct trades exclusively through a Rule 10b5-1 trading plan, which can only be adopted during approved trading windows and when the NEO is not in possession of MNPI . The trading windows open two business days after Sysco’s release of our quarterly earnings report and closes prior to the last day of each fiscal quarter, Rule 10b5-1 trading plans and other transactions involving Common Stock, require pre-approval from a committee consisting the Board Chair, the Chair of the Governance Committee, and the Chief Legal Officer. The pre-approval process includes a thorough review of the proposed transaction’s amount and timing, as well as a confirmation that the executive officer does not