LAMNECK KENNETH T 4
Research Summary
AI-generated summary
TD SYNNEX Director Kenneth Lamneck Receives 1,022-Share Award
What Happened
Kenneth T. Lamneck, a director of TD SYNNEX Corp. (SNX), received an award of 1,022 restricted shares on April 15, 2026. The shares were granted at $0.00 per share (no purchase price), so the immediate cash value reported is $0. This is a compensation grant (transaction code A), not an open-market buy or sale.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely filing).
- Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total immediate cash value: $0.
- Shares granted: 1,022 restricted stock shares.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The award is restricted stock under the 2020 Stock Incentive Plan. The shares vest 25% on the last day of each of the four fiscal quarters following the grant date (see footnote F1).
- Remarks: Exhibit 24 — Power of Attorney included.
Context
Restricted stock awards are a common form of director/executive compensation and vest over time; they do not represent an immediate market purchase or sale and don't necessarily signal an intent to trade. Because vesting is phased (25% per quarter for four quarters), Lamneck will gain full rights to the shares only as each vesting date passes.