Form 4: TD SYNNEX CFO Marshall Witt Receives Stock Award

Chief Financial Officer of TD SYNNEX, Marshall Witt, reports receiving a stock award on October 15, 2024.

Summary

• Marshall Witt, the Chief Financial Officer of TD SYNNEX CORP, reported a transaction on October 15, 2024.
• Witt acquired 10,083 shares of common stock through an award.
• These shares were awarded under the 2020 Stock Incentive Plan.
• The restricted stock vests in three equal installments, one-third on each of the first three anniversaries of October 15, 2024.
• Following the reported transaction, Witt beneficially owns 48,362 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The stock award to the CFO aligns his interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The vesting schedule of the stock award suggests a continued commitment from the CFO to the company's long-term performance.

Industry Context

Stock awards are a common form of executive compensation in the technology industry, aligning management's interests with shareholder value.

Stakeholder Impact

• The stock award aligns the CFO's interests with those of the shareholders, potentially leading to decisions that benefit shareholder value.

Key Dates