TD SYNNEX CORP — Form 10-Q
Filed October 1, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 22/100
What the filing says
Effective July 10, 2026, TD SYNNEX updated employment agreements for Alim Dhanji (CHRO, EVP Corporate Affairs) and Reyna Thompson (President, North America). Dhanji receives $640,000 base salary, 95% target bonus, and ~$1.775M equity grant (60% time-based RSAs, 40% performance RSUs). Thompson receives $700,000 base salary, 100% target bonus, and ~$1.7M equity grant on same structure. Both agreements include 12-month severance (18-24 months post-change-of-control), equity acceleration provisions, and restrictive covenants (non-compete, non-solicit). No dollar amounts changed materially from prior terms; documents formalize continuation of existing arrangements.
Why this rating
Routine executive employment agreement updates. Combined annual equity grants (~$3.5M) represent <0.04% of $8.7B market cap. No material compensation increases or structural changes disclosed. Standard for mature public company.
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