Every material Form 8-K TD Synnex filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
TD SYNNEX issued and sold $550 million of 4.300% Senior Notes due 2029 and $600 million of 5.300% Senior Notes due 2035 in a registered public offering. The company received net offering proceeds of about $1.14 billion before expenses, which it plans to use to repay a $581.3 million term loan, redeem $700 million of 1.750% notes due 2026, and for general corporate purposes.
Notes total $1.15 billion: $550 million due January 17, 2029 at 4.300% and $600 million due October 10, 2035 at 5.300%
Net offering proceeds of approximately $1.14 billion before expenses
Proceeds intended to repay part or all of a $581.3 million senior unsecured term loan and repay or redeem $700 million of 1.750% notes due August 9, 2026
The Indenture includes customary covenants limiting liens, sale/leaseback transactions and certain mergers or asset sales
TD SYNNEX appointed David Jordan, its Senior Vice President and Americas CFO, as Executive Vice President and Chief Financial Officer, replacing Marshall Witt, who resigned on September 29, 2025 to take a role outside the company. The filing says Witt's departure was not caused by any disagreement with the company, and the new CFO's pay and equity awards are set out, which shows the company's financial leadership change is planned rather than a sign of a dispute.
David Jordan, age 38, joined TD SYNNEX in 2014 and has served as Americas CFO since 2021 and Head of Investor Relations since 2024
Jordan's base salary will increase to $650,000, with an annual bonus target of 100% of base salary
Jordan will receive restricted stock awards of approximately $900,000 and performance-based awards of $600,000, granted October 15 and in January respectively
Marshall Witt will remain a non-executive employee until October 17, 2025
TD SYNNEX reported fiscal third-quarter 2025 results for the period ended August 31, 2025, with revenue of $15.7 billion, up 6.6% year over year, and GAAP diluted EPS of $2.74, up from $2.08. The company also declared a quarterly dividend of $0.44 per share and gave fiscal fourth-quarter 2025 revenue and EPS ranges, which shareholders can compare against future results.
Q3 revenue of $15.7 billion, up 6.6%; net income of $226.8 million, up 27.0%
GAAP diluted EPS of $2.74 vs. $2.08 a year earlier; non-GAAP diluted EPS of $3.58 vs. $2.86
Q4 2025 outlook: revenue of $16.5 billion to $17.3 billion; GAAP diluted EPS of $2.50 to $3.00
Quarterly dividend of $0.44 per share, payable October 31, 2025, to holders of record on October 17, 2025
TD SYNNEX disclosed that Chief Business Officer Simon Leung retired effective September 1, 2025, and that a separation agreement effective September 10, 2025 provides him with continued compensation. The package includes 24 months of salary continuation, a target fiscal 2025 bonus of about $348,500, accelerated vesting of outstanding equity awards, and restrictive covenants in the company's favor.
Simon Leung retired as Chief Business Officer effective September 1, 2025.
Agreement effective September 10, 2025 provides 24 months of salary continuation and a fiscal 2025 bonus at target of about $348,500.
Outstanding equity awards vest early, with performance awards assumed at target and prorated to September 1, 2025; a $5,000 lump sum is also included.
The agreement is filed as Exhibit 10.1, with some schedules omitted under SEC rules.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every TD Synnex filing is on SEC EDGAR ↗. 8-K briefs of other companies →