Restricted stock grant boosts TD SYNNEX (NYSE: SNX) director holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LAMNECK KENNETH T reported acquisition or exercise transactions in this Form 4 filing.
TD SYNNEX director Kenneth T. Lamneck received a grant of 1,022 shares of restricted common stock under the 2020 Stock Incentive Plan. The award was made on April 15, 2026, at no cash cost per share. The restricted stock vests in four equal 25% installments on the last day of each of the four fiscal quarters following the grant date. After this grant, Lamneck directly holds a total of 3,057 TD SYNNEX shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LAMNECK KENNETH T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,022 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,057 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,022 shares
Post-transaction holdings: 3,057 shares
Vesting schedule: 25% per quarter
+1 more
4 metrics
Restricted stock grant
1,022 shares
Awarded April 15, 2026 under 2020 Stock Incentive Plan
Post-transaction holdings
3,057 shares
Kenneth T. Lamneck direct TD SYNNEX common stock after grant
Vesting schedule
25% per quarter
Vests on last day of each of four fiscal quarters after grant
Grant price
$0.0000 per share
Equity award, no cash paid for restricted stock
Key Terms
restricted stock, 2020 Stock Incentive Plan, fiscal quarters, Form 4
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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TD SYNNEX (SNX) report for Kenneth T. Lamneck?
TD SYNNEX reported that director Kenneth T. Lamneck received a grant of 1,022 shares of restricted common stock. The award was made under the company’s 2020 Stock Incentive Plan as equity compensation rather than a cash purchase on the open market.
What are the vesting terms of Kenneth T. Lamneck’s TD SYNNEX (SNX) restricted stock grant?
The 1,022 restricted shares granted to Kenneth T. Lamneck vest in four equal installments. Twenty-five percent of the shares vest on the last day of each of the four fiscal quarters following the April 15, 2026 grant date, reflecting a time-based vesting structure.
What type of Form 4 transaction code applies to Kenneth T. Lamneck’s TD SYNNEX (SNX) award?
The transaction is coded "A" on Form 4, which indicates a grant, award, or other acquisition. For this filing, it reflects a restricted stock award of 1,022 TD SYNNEX common shares to director Kenneth T. Lamneck as part of equity compensation.