TD SYNNEX (SNX) director receives 1,022-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HUME RICHARD T reported acquisition or exercise transactions in this Form 4 filing.
TD SYNNEX CORP director Richard T. Hume received a grant of 1,022 shares of common stock as a stock award under the company’s 2020 Stock Incentive Plan. This increased his direct holdings to 38,537 shares.
The award is structured as restricted stock that vests in stages. According to the terms, 25% of the granted shares vest on the last day of each of the four fiscal quarters following the grant date, effectively spreading vesting evenly over one year.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUME RICHARD T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,022 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,537 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 1,022 shares
Holdings after grant: 38,537 shares
Grant price per share: $0.00
+1 more
4 metrics
Restricted stock grant
1,022 shares
Common Stock award on April 15, 2026
Holdings after grant
38,537 shares
Total common stock directly owned following transaction
Grant price per share
$0.00
Reported transaction price per share for the award
Vesting schedule
25% per quarter
Each of four fiscal quarters after grant date
Key Terms
restricted stock, 2020 Stock Incentive Plan, fiscal quarters, Grant, award, or other acquisition
4 terms
restricted stock financial
"Represents shares of restricted stock awarded under the 2020 Stock Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2020 Stock Incentive Plan financial
"Represents shares of restricted stock awarded under the 2020 Stock Incentive Plan."
fiscal quarters financial
"vests as to 25% of the shares on the last day of each of the four fiscal quarters"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did TD SYNNEX (SNX) report for Richard T. Hume?
TD SYNNEX reported that director Richard T. Hume received a grant of 1,022 shares of common stock as restricted stock. The award was made under the 2020 Stock Incentive Plan and increased his directly held shares to 38,537 after the transaction.
How does the restricted stock for TD SYNNEX (SNX) director Hume vest?
The restricted stock award to Richard T. Hume vests gradually, with 25% of the 1,022 shares vesting on the last day of each of the four fiscal quarters after the grant. This creates a one-year vesting schedule tied to the company’s fiscal quarters.
What plan governs the recent restricted stock grant at TD SYNNEX (SNX)?
The 1,022-share restricted stock award to Richard T. Hume was granted under TD SYNNEX’s 2020 Stock Incentive Plan. This plan provides for equity-based compensation, and the awarded shares vest in four equal quarterly installments following the grant date.