Form 4: TD SYNNEX Director Kathleen M. Crusco Reports Stock Award and Disposal

Director Kathleen M. Crusco reported the acquisition of 1,564 shares of common stock and the disposal of 2,490 shares of common stock on April 3, 2024.

Summary

• On April 3, 2024, Kathleen M. Crusco, a director of TD SYNNEX CORP, reported a transaction involving the company's common stock.
• Crusco acquired 1,564 shares of common stock through an award.
• Simultaneously, Crusco disposed of 2,490 shares of common stock.
• Following these transactions, Crusco directly owns 2,490 shares of TD SYNNEX CORP.
• The acquisition of 1,564 shares represents restricted stock awarded under the 2020 Stock Incentive Plan, vesting as to 25% of the shares on the last day of each of the four fiscal quarters following the date of grant.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. The sentiment is neutral as it simply reports facts without expressing any opinion or prediction.

Positives

• The acquisition of shares through a stock award suggests the company is incentivizing its directors with equity.

Negatives

• The disposal of 2,490 shares by a director could be perceived negatively by investors, although the reason for disposal is not specified.

Risks

• The disposal of shares by a director could signal a lack of confidence in the company's future performance, although this is not explicitly stated.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge sentiment and potential future performance.

Stakeholder Impact

• Shareholders may be interested in the director's stock transactions as an indicator of company performance and management confidence.

Key Dates