Form 4: TD SYNNEX Director Saintil Receives Stock Award

Director Merline Saintil acquired 2,035 shares of TD SYNNEX CORP restricted stock on April 15, 2025, under the company's 2020 Stock Incentive Plan.

Summary

• On April 15, 2025, Merline Saintil, a director of TD SYNNEX CORP, acquired 2,035 shares of common stock.
• These shares were awarded as restricted stock under the company's 2020 Stock Incentive Plan.
• The restricted stock vests in equal quarterly installments over the four fiscal quarters following the grant date.
• Following the transaction, Saintil directly owns 7,666 shares of TD SYNNEX CORP.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The stock award aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Industry Context

Stock awards to directors are a common practice in publicly traded companies to incentivize and align their interests with shareholders.

Stakeholder Impact

• The stock award could have a slightly positive impact on shareholder sentiment as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

TD SYNNEX CORP, Director, Stock Incentive Plan, Restricted Stock, Beneficial Ownership, Form 4, Saintil, SNX