Form 4: Director Richard Hume Receives TD SYNNEX Stock Grant
Statement of Changes in Beneficial Ownership
Director Richard T. Hume acquired 1,022 shares of TD SYNNEX common stock via a restricted stock award.
Summary
- Director Richard T. Hume was granted 1,022 shares of TD SYNNEX (SNX) common stock on April 15, 2026.
- The shares were awarded under the company's 2020 Stock Incentive Plan.
- Following this transaction, the director's total beneficial ownership stands at 38,537 shares.
- The restricted stock is subject to a vesting schedule of 25% per fiscal quarter over the four quarters following the grant date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The restricted stock will vest in four equal quarterly installments, aligning the director's long-term incentives with the company's performance over the coming year.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between leadership and shareholder value in the IT distribution sector.
Comparison to Industry Standards
- The use of a 2020 Stock Incentive Plan for director compensation is consistent with standard equity-based incentive structures used by large-cap technology firms.
- Quarterly vesting schedules for director equity are common practice to ensure retention and ongoing commitment.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of 25% of the granted shares at the end of each of the next four fiscal quarters.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Date of the restricted stock grant transaction. |
| 04/16/2026 | Date of filing. |
Keywords
TD SYNNEX, SNX, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan
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