Form 4: TD SYNNEX Director Nayaki Nayyar Receives Stock Grant
Statement of Changes in Beneficial Ownership
Director Nayaki Nayyar was granted 1,022 shares of restricted stock as part of the company's 2020 Stock Incentive Plan.
Summary
- Director Nayaki Nayyar acquired 1,022 shares of TD SYNNEX common stock on April 15, 2026.
- The shares were granted as restricted stock under the company's 2020 Stock Incentive Plan.
- The grant price was $0, representing an equity incentive award.
- Following this transaction, the director's total beneficial ownership increased to 10,885 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Standardized incentive structure under the 2020 Stock Incentive Plan.
Negatives
- None identified; this is a routine equity compensation disclosure.
Risks
- None identified; this is a routine equity compensation disclosure.
Future Outlook
The restricted stock vests as to 25% of the shares on the last day of each of the four fiscal quarters following the date of the grant.
Management Comments
- No specific management commentary provided beyond the standard regulatory disclosure.
Industry Context
StockSavvy.ai notes that equity grants to independent directors are a standard corporate governance practice in the IT distribution and solutions industry to ensure long-term alignment with shareholder value.
Comparison to Industry Standards
- The use of a 2020 Stock Incentive Plan is consistent with standard equity compensation practices among large-cap technology service providers.
- Vesting schedules of 25% per quarter over one year are typical for director compensation packages in the sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director Nayaki Nayyar authorized company representatives to file Section 16 reports on her behalf. | 06/18/2025 | Administrative efficiency for regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Vesting of the restricted stock units over the next four fiscal quarters.
Key Dates
| Date | Description |
|---|---|
| 06/18/2025 | Date of Power of Attorney execution. |
| 04/15/2026 | Date of the restricted stock grant transaction. |
| 04/16/2026 | Date of filing signature. |
Keywords
TD SYNNEX, SNX, Director, Equity Compensation, Form 4, Insider Ownership
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