Form 4: Dennis Polk Sells TD SYNNEX Shares via 10b5-1 Plan

Director and executive Dennis Polk sold 2,500 shares of TD SYNNEX common stock through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Dennis Polk, Chair of Hyve Solutions, sold a total of 2,500 shares of TD SYNNEX (SNX) common stock on May 15, 2026.
• The shares were sold in three tranches at weighted average prices of $229.74, $230.49, and $231.26.
• The transactions were executed under a Rule 10b5-1 trading plan adopted on January 16, 2026.
• Following these transactions, the reporting person retains 79,147 shares indirectly through a trust and 22,439 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed via a pre-planned 10b5-1 program, which is standard practice for corporate insiders.

Positives

• The sale was conducted under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.

Negatives

• The transaction represents a reduction in the insider's total beneficial ownership of the company.

Risks

• Insider selling can sometimes be perceived by the market as a signal that the stock price has reached a near-term peak.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling under 10b5-1 plans is a common practice for executives and directors to manage personal liquidity and does not necessarily reflect a change in management's outlook on the company's long-term performance.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate insiders to ensure compliance with SEC regulations while liquidating equity positions.

Stakeholder Impact

• Minimal impact expected as the sale was pre-planned and represents a small portion of the insider's total holdings.

Next Steps

• Continued monitoring of future Form 4 filings for further insider activity.

Key Dates

Keywords

TD SYNNEX, SNX, Insider Trading, Form 4, Dennis Polk, Rule 10b5-1