Form 4: TD SYNNEX Chief Legal Officer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


TD SYNNEX's Chief Legal Officer, David R. Vetter, reports the acquisition of 3,250 shares and the disposal of 855 shares of common stock on January 7, 2025.

Summary

  • David R. Vetter, Chief Legal Officer of TD SYNNEX, reported transactions involving the company's common stock.
  • On January 7, 2025, Mr. Vetter acquired 3,250 shares of common stock at a price of $0, which were issued upon the vesting of restricted stock units.
  • On the same day, Mr. Vetter disposed of 855 shares of common stock at a price of $123.23.
  • Following these transactions, Mr. Vetter beneficially owns 68,776 shares of TD SYNNEX common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

  • This type of filing is standard practice for publicly traded companies in the United States.
  • Similar filings are made by executives at companies like Ingram Micro and Arrow Electronics, which are also in the technology distribution sector.
  • The reporting requirements are consistent across all companies listed on the SEC.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activity.

Key Dates

DateDescription
03/31/2022Date of award of restricted stock units that vested on 01/07/2025.
11/30/2024End of the three-year performance period for the restricted stock units.
01/07/2025Date of stock acquisition and disposal by David R. Vetter.
01/10/2025Date of filing of the SEC Form 4.

Keywords

TD SYNNEX, stock transaction, insider trading, common stock, restricted stock units, David R. Vetter, Chief Legal Officer

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