Form 4: TD SYNNEX Director Receives Restricted Stock Award
Director Equity Grant
Director Ann F. Vezina was granted 1,022 shares of restricted stock as part of the company's 2020 Stock Incentive Plan.
Summary
- Director Ann F. Vezina acquired 1,022 shares of TD SYNNEX common stock on April 15, 2026.
- The shares were granted as a restricted stock award under the company's 2020 Stock Incentive Plan.
- The acquisition price for these shares was $0, reflecting a standard equity compensation grant.
- Following this transaction, the director's total beneficial ownership increased to 7,101 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 vesting schedule ensures long-term commitment to the company.
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 in four equal quarterly installments of 25% each, beginning on the last day of the fiscal quarter following the grant date.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to align director incentives with long-term shareholder value creation in the IT distribution sector.
Comparison to Industry Standards
- The use of a 2020 Stock Incentive Plan is consistent with standard equity compensation practices among large-cap technology distributors.
- Vesting schedules of this nature are typical for non-employee director compensation packages.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock to a director under the 2020 Stock Incentive Plan. | 04/15/2026 | Minimal; standard alignment of director interests. |
Stakeholder Impact
- Shareholders: Minimal impact; reflects standard director compensation practices.
Next Steps
- Vesting of the 1,022 shares over the next four fiscal quarters.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Date of the restricted stock grant transaction. |
| 04/16/2026 | Date of filing for the Form 4. |
Keywords
TD SYNNEX, SNX, Form 4, Insider Trading, Director Compensation, Restricted Stock
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