01—Abstract
Summary
Summary of the 8-K filed August 3, 2026. Cited figures are marked; the original filing is the authoritative source.
TD SYNNEX Corporation filed this Form 8-K to disclose that on July 28, 2026, its Compensation Committee 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.
The Award Agreements will govern new performance-based restricted stock unit grants to officers and employees under the Company's 2020 Stock Incentive Plan. The awards would vest based on performance targets tied to the financial performance of Hyve Solutions US Global Holding Corporation ("Hyve Solutions") over a three-year performance period, and are conditioned on continuous service for the Hyve Solutions business through the end of that period. The non-U.S. form consolidates various country-specific award agreements into uniform global templates, with a country-specific appendix for disclosures or agreements particular to employees in each country.
This filing is a compensation-related disclosure under Item 5.02(e) and does not report any financial results, specific award amounts, or recipients. The agreements are filed as Exhibits 10.1 and 10.2 and are identified as management contracts or compensatory arrangements.
02—Key points
Key Highlights
- On July 28, 2026, the Compensation Committee approved forms of Hyve Solutions Performance-Based Restricted Stock Unit Award and Agreement for U.S. and non-U.S. participants.
- Awards will be granted to officers and employees under the Company's 2020 Stock Incentive Plan.
- Vesting is tied to performance targets for Hyve Solutions US Global Holding Corporation over a three-year performance period.
- Vesting is also conditioned on continuous service for the Hyve Solutions business through the end of the performance period.
- The non-U.S. agreement consolidates various country-specific forms into uniform global templates with country-specific appendices.
- The filing is made under Item 5.02(e) and includes Exhibits 10.1 and 10.2, with the agreements filed as compensatory arrangements.
03—Questions
Frequently Asked Questions
What did TD SYNNEX approve on July 28, 2026?
The Compensation Committee 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.
Who is eligible to receive these awards?
The filing states that the awards may be granted to officers and employees of the Company under the 2020 Stock Incentive Plan and the applicable Award Agreement.
What conditions must be met for the awards to vest?
Vesting depends on achieving performance targets relating to the financial performance of Hyve Solutions US Global Holding Corporation over a three-year performance period, and on continuous service for the Hyve Solutions business through the end of that period.
How do the non-U.S. award agreements differ from the U.S. forms?
The non-U.S. form consolidates various country-specific award agreements into uniform non-US global templates, with an appendix for any disclosures or agreements specific to employees in a particular country.
Where can investors find the full terms of these agreements?
The forms are filed as Exhibits 10.1 (U.S.) and 10.2 (non-U.S.) to this Form 8-K and are incorporated by reference into the report.
04—Continue