Form 4: TD SYNNEX Director Kenneth Lamneck Receives Stock Grant

Sentiment:

Statement of Changes in Beneficial Ownership


Director Kenneth Lamneck was awarded 1,022 shares of restricted stock as part of the company's 2020 Stock Incentive Plan.

Summary

  • Director Kenneth T. Lamneck acquired 1,022 shares of common stock on April 15, 2026.
  • The shares were granted as restricted stock under the 2020 Stock Incentive Plan.
  • The grant vests in four equal quarterly installments of 25% each.
  • Following this transaction, the director's total beneficial ownership is 3,057 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.

Positives

  • Alignment of director interests with shareholders through equity-based compensation.

Negatives

  • None identified.

Risks

  • Standard market risks associated with equity ownership.

Future Outlook

The restricted stock will vest in four equal quarterly installments following the grant date.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term performance and align leadership with shareholder value.

Comparison to Industry Standards

  • The use of restricted stock units (RSUs) for director compensation is consistent with standard practices among large-cap technology and distribution firms.
  • Vesting schedules of one year (quarterly installments) are typical for non-employee director equity awards.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Power of AttorneyDirector Kenneth Lamneck authorized company representatives to file Section 16 reports on his behalf.2025-06-18Administrative efficiency for regulatory compliance.

Stakeholder Impact

  • Minimal impact on shareholders; reflects standard director compensation.

Next Steps

  • Vesting of the restricted stock in four quarterly installments.

Key Dates

DateDescription
2025-06-18Date of Power of Attorney execution.
2026-04-15Date of restricted stock grant transaction.
2026-04-16Date of filing.

Keywords

TD SYNNEX, SNX, Form 4, Insider Trading, Director Compensation, Restricted Stock

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