secwatch.observer — SEC 8-K summary
======================================

Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2026-07-16T20:03:35+00:00
Accession:  0001628280-26-048449
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX updates CLO David Vetter's compensation: $670K salary, $1.5M equity grant
--------------------------------------------------------------------------------

- Base salary set at $670,000; annual bonus target 100% of base salary.
- Equity grant of ~$1.5M: 60% time-based RSAs, 40% performance-based RSUs.
- Severance: 12 months salary continuation (non-change of control); 18-24 months (change of control).
- Unvested equity accelerates on involuntary termination; performance RSUs vest pro rata.
- Agreement includes non-solicitation covenant and clawback policy compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000162828026048449/0001628280-26-048449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000162828026048449/snx-20260710.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-048449

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