TD SYNNEX Corp Approves Hyve Solutions Performance RSU Award Forms

What Happened

• TD SYNNEX Corporation announced that on July 28, 2026 its Compensation Committee approved forms of Performance-Based Restricted Stock Unit (PBRSU) award agreements for Hyve Solutions. The U.S. and non‑U.S. award agreement forms were filed as Exhibits 10.1 and 10.2 in the 8‑K dated August 3, 2026.
• The agreements provide templates for new PBRSU awards that may be granted to officers and employees under the Company’s 2020 Stock Incentive Plan. Awards vest based on achievement of financial performance targets for Hyve Solutions US Global Holding Corporation over a three‑year performance period and are conditioned on continuous service through the end of that period.

Key Details

• Approval date: July 28, 2026; 8‑K filed August 3, 2026 (signed by David Vetter, Chief Legal Officer).
• Performance period: three years; vesting contingent on meeting Hyve Solutions financial targets and continued service.
• Scope: Forms cover both U.S. and consolidated non‑U.S. templates (non‑U.S. form consolidates country‑specific agreements with country appendices).
• Plan authority: Awards may be granted under TD SYNNEX’s 2020 Stock Incentive Plan; no grant sizes, targets or potential share amounts were disclosed in this filing.

Why It Matters

• These approved award forms set the framework for equity compensation tied specifically to Hyve Solutions’ financial performance, aligning employee and executive incentives to that business unit’s results.
• While the filing does not disclose grant amounts or targets, future grants under these forms could increase reported compensation expense and potentially dilute share count if awards vest and settle in stock. Investors should watch subsequent filings for actual grant sizes, performance targets, and any related expense or share‑issuance disclosures.