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Get filing alertsTD SYNNEX approves Hyve Solutions performance-based equity awards for employees
Filed August 3, 2026 · Period ending July 28, 2026 · ~1 min read
Key Changes
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Compensation Committee approved new performance-based RSU award forms tied to Hyve Solutions' financial performance over a three-year period, requiring continuous service with the Hyve Solutions business through vesting.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Awards may be granted to officers and employees under the company's 2020 Stock Incentive Plan, creating retention incentives specifically aligned with the Hyve Solutions business unit.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Non-U.S. award agreements consolidate country-specific forms into uniform global templates with country-specific appendices, streamlining equity grant administration.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
TD SYNNEX disclosed new equity compensation structures that tie employee awards directly to the performance of its Hyve Solutions business unit. The Compensation Committee approved performance-based RSU award forms that vest based on Hyve Solutions' financial performance over three years, conditioned on continuous service with that business. This creates a retention mechanism specifically for Hyve Solutions personnel, aligning their compensation with the unit's standalone results rather than consolidated TD SYNNEX performance.
The structure suggests TD SYNNEX is managing Hyve Solutions as a distinct operating entity with separate performance metrics and retention needs. For retail holders, this is a routine compensation governance matter with no immediate financial impact, though the separate performance tracking may signal how management views the Hyve Solutions business within the broader portfolio. The filing also consolidates international award documentation into standardized templates, an administrative efficiency measure.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On July 28, 2026, the Compensation Committee of the Board of Directors of TD SYNNEX Corporation (the “Company”) approved forms of Notice of Hyve Solutions Performance-Based Restricted Stock Unit Award and Performance-Based Restricted Stock Unit Agreement for U.S. and non-U.S. participants (collectively, the “Award Agreements”), copies of which are filed as Exhibits 10.1 and 10.2 to this report, and incorporated herein by reference. The Award Agreements will be used for new awards of performance-based restricted stock units. Such awards may be granted to officers and employees of the Company pursuant to the Company’s 2020 Stock Incentive Plan and the applicable Award Agreement. The Award Agreements relate to performance-based restricted stock units that would vest based on the achievement of performance targets relating to the financial performance of Hyve Solutions US Global Holding Corporation (“Hyve Solutions”) over a three-year performance period, conditioned on continuous service for the Hyve Solutions business through the end of such performance period.
The Compensation Committee approved new award agreement templates for performance-based restricted stock units tied specifically to Hyve Solutions' financial performance. These awards vest based on achieving performance targets over a three-year period and require continuous service with the Hyve Solutions business. The awards may be granted to officers and employees under the company's 2020 Stock Incentive Plan.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The non-U.S. form of Award Agreement consolidates various country-specific forms of award agreement into uniform non-US global templates, each with an appendix for any disclosures or agreements that are specific to employees in a particular country.
The company is standardizing its international equity compensation documentation by consolidating multiple country-specific award agreements into uniform global templates with country-specific appendices. This administrative streamlining should simplify equity grant administration across TD SYNNEX's global operations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify