secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2026-05-11T20:14:05+00:00
Accession:  0001628280-26-033496
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX updates Dennis Polk compensation as Chair, Hyve: $840K salary, $1.5M equity grant
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- Dennis Polk continues as Chair, Hyve Solutions, reporting to CEO, and remains Board member.
- Annual base salary $840,000; annual incentive bonus target 100% of base.
- Equity grant ~$1.5M (60% time-based RSA, 40% performance-based RSU) vesting over 3 years.
- Severance: 12-month salary (non-CIC) or 24-month (CIC); 80% unvested equity acceleration.
- Conditions include signing release; employment is at-will with 30 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000162828026033496/0001628280-26-033496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000162828026033496/snx-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-033496

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer