Sysco Corporation Form 8-K Filing

On September 14, 2026, Sysco Corporation (Sysco) entered into an Underwriting Agreement with several underwriters for the offering and sale of 12,345,679 shares of its common stock at a public offering price of $81.00 per share. The offering, which closed on September 16, 2026, also included an option for the underwriters to purchase up to an additional 1,851,851 shares to cover overallotments. The net proceeds from the offering amounted to approximately $967.4 million. Sysco intends to use these proceeds to fund a portion of the cash consideration for its pending acquisition of JRD Unico, Inc. and Warehouse Realty, LLC, as well as related fees and expenses. The Underwriting Agreement includes standard representations, warranties, covenants, conditions to closing, indemnification rights, and termination provisions. The company also filed an opinion of counsel regarding the legality of the shares sold and consents from the auditors.