Form 4: TD SYNNEX CEO Patrick Zammit Reports RSU Vesting
Insider Transaction Report
TD SYNNEX CEO Patrick Zammit reported the vesting of restricted stock units and a related tax withholding transaction, increasing his direct beneficial ownership.
Summary
- Patrick Zammit, Chief Executive Officer and Director of TD SYNNEX CORP, reported changes in his beneficial ownership of common stock.
- On January 5, 2026, 4,299 shares of common stock were acquired upon the vesting of restricted stock units (RSUs).
- These RSUs were originally awarded on January 3, 2023, and were subject to performance metrics measured over a three-year period ending November 30, 2025.
- Concurrently, 1,763 shares of common stock were disposed of on January 5, 2026, at a price of $153.14 per share, likely to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Patrick Zammit directly beneficially owns 184,828 shares of TD SYNNEX CORP common stock.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive as the vesting of restricted stock units indicates the achievement of performance targets by the CEO, which is generally a positive sign for the company's operational success. The related tax disposition is a routine, neutral event.
Positives
- The vesting of 4,299 restricted stock units indicates that performance metrics set over a three-year period (ending November 30, 2025) were successfully met, reflecting positively on company and management performance.
Future Outlook
This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This is a routine insider transaction filing (Form 4) reporting the vesting of executive compensation. It does not provide broader industry context or competitive analysis.
Stakeholder Impact
- Shareholders: The increase in direct beneficial ownership by the CEO, even after tax withholding, aligns management's interests with shareholders. The vesting itself signals successful performance against set metrics.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Date restricted stock units were originally awarded. |
| 11/30/2025 | End date of the three-year performance measurement period for the restricted stock units. |
| 01/05/2026 | Date of earliest transaction, including the vesting of restricted stock units and the disposition of shares for tax withholding. |
| 01/13/2026 | Date the Form 4 was signed. |
Keywords
TD SYNNEX, SNX, Patrick Zammit, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Beneficial Ownership, CEO, Director
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