Form 4: TD SYNNEX Director Richard Hume Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Director Richard Hume reports acquisition of 2,035 shares of restricted stock in TD SYNNEX CORP.
Summary
- Richard Hume, a director of TD SYNNEX CORP, reported a transaction on April 15, 2025.
- Hume acquired 2,035 shares of common stock at a price of $0.
- This acquisition was in the form of restricted stock awarded under the 2020 Stock Incentive Plan.
- Following the transaction, Hume beneficially owns 67,515 shares of TD SYNNEX CORP.
- 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 grant.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition as part of a compensation plan.
Positives
- The acquisition of restricted stock by a director signals confidence in the company's future performance.
Future Outlook
The vesting schedule of the restricted stock indicates a multi-quarter commitment by the director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to track the actions of key personnel and assess their confidence in the company's prospects.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Acquisition of restricted stock. |
| 04/16/2025 | Date of report filing. |
Keywords
TD SYNNEX CORP, Richard Hume, Director, Stock Incentive Plan, Restricted Stock, Beneficial Ownership, Form 4, SNX
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