TD SYNNEX CORP (SNX) Form 8-K — Jul 16, 2026
TD SYNNEX Corporation entered into an updated offer letter with Chief Legal Officer David Vetter effective July 10, 2026, outlining new terms for his continued employment. The agreement establishes an annual base salary of $670,000 and an annual incentive bonus targeted at 100% of his base salary. Mr. Vetter will receive equity awards with a fair market value of approximately $1,500,000, split between time-based restricted stock and performance-based restricted stock units.
Key figures
- Base Salary
- 670000
- Equity Grant Split
- 60% time-based, 40% performance-based
- Equity Grant Value
- 1500000
- Liquidated Damages Cap
- 300000
- Target Bonus Percentage
- 100
Price after filing
Close on the filing date to close N calendar days later (from $243.59). Historical, not a forecast.
AI analysis
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