TD SYNNEX (NYSE: SNX) grants Douglas Britt 629 restricted shares
Rhea-AI Filing Summary
Britt Douglas reported acquisition or exercise transactions in this Form 4 filing.
TD SYNNEX director Douglas Britt received an award of 629 shares of restricted common stock under the 2020 Stock Incentive Plan, prorated for the period between his appointment and the 2027 annual meeting of shareholders. The restricted stock vests 25% on the last day of each of the four fiscal quarters following the grant, and he now holds 629 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Britt Douglas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 629 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 629 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock granted: 629 shares
Grant price: 0.0000 per share
Shares owned after grant: 629 shares
+3 more
6 metrics
Restricted stock granted
629 shares
Common Stock award to director Douglas Britt on 2026-07-15
Grant price
0.0000 per share
Price per share for the restricted stock award
Shares owned after grant
629 shares
Direct ownership following the reported transaction
Quarterly vesting percentage
25%
Portion of restricted stock vesting on the last day of each of four fiscal quarters
Vesting period
4 quarters
Number of fiscal quarters over which the award vests after grant
Service period end
2027 annual meeting of shareholders
Award prorated for service between appointment and the 2027 annual meeting
Key Terms
restricted stock, 2020 Stock Incentive Plan, annual meeting of shareholders, fiscal quarters
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
"restricted stock awarded under the 2020 Stock Incentive Plan prorated for the period"
fiscal quarters financial
"vests as to 25% of the shares on the last day of each of the four fiscal quarters"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did TD SYNNEX (SNX) director Douglas Britt receive?
Douglas Britt received an award of 629 shares of TD SYNNEX common stock in the form of restricted stock. The award was granted under the company’s 2020 Stock Incentive Plan and recorded as a direct acquisition at a price of 0.0000 per share.
Under which plan was Douglas Britt’s TD SYNNEX (SNX) restricted stock granted?
The award was granted under TD SYNNEX’s 2020 Stock Incentive Plan. This plan provides for equity-based awards, and in Britt’s case the grant consists of 629 shares of restricted stock that vest over four fiscal quarters following the grant date.
Over what service period is Douglas Britt’s TD SYNNEX (SNX) award prorated?
The restricted stock award is prorated for the period between Britt’s appointment as a director and TD SYNNEX’s 2027 annual meeting of shareholders. This proration determines the 629-share award size, while vesting itself occurs over four fiscal quarters following the grant.