Form 4: TD SYNNEX Director Ting Herh Receives Stock Award
Statement of Changes in Beneficial Ownership
Director Ting Herh was granted 1,022 shares of restricted stock as part of the TD SYNNEX 2020 Stock Incentive Plan.
Summary
- Director Ting Herh acquired 1,022 shares of 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 a standard equity compensation award.
- Following this transaction, the director's total beneficial ownership is 4,621 shares.
- The restricted stock vests in four equal quarterly installments.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Standardized vesting schedule ensures long-term commitment from the director.
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 will vest as to 25% of the shares on the last day of each of the four fiscal quarters following the date of the grant.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the IT distribution and solutions industry, intended to incentivize board members and align their interests with long-term shareholder value.
Comparison to Industry Standards
- The use of a 2020 Stock Incentive Plan is consistent with standard equity compensation structures for large-cap technology companies.
- Quarterly vesting schedules for director equity are common practice among S&P 500 and mid-cap technology firms.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director Ting Herh authorized company representatives to file Section 16 reports on their behalf. | 06/18/2025 | Administrative efficiency for regulatory compliance. |
Stakeholder Impact
- Shareholders: Minimal impact; reflects standard director compensation practices.
Next Steps
- Vesting of the 1,022 restricted shares 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 the Form 4. |
Keywords
TD SYNNEX, SNX, Form 4, Director Compensation, Insider Ownership, Restricted Stock
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