Form 4: TD SYNNEX CEO Patrick Zammit Reports Stock Disposals
SEC Form 4 Filing
Patrick Zammit, CEO of TD SYNNEX CORP, reports the disposal of common stock on October 3rd and 4th, 2024, to cover tax obligations.
Summary
- Patrick Zammit, the CEO of TD SYNNEX CORP, filed a Form 4 with the SEC.
- The report details the disposal of common stock on October 3, 2024, and October 4, 2024.
- On October 3, 2024, 569 shares were disposed of at a price of $115.35.
- On October 4, 2024, 305 shares were disposed of at a price of $117.31.
- Following these transactions, Zammit directly owns 139,331 shares of common stock.
- The disposals were likely to cover tax obligations.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard SEC filing reporting stock disposals, likely for tax purposes. It doesn't inherently indicate positive or negative performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The stock disposal by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant as it appears to be for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Disposal of 569 shares of common stock at $115.35. |
| 10/04/2024 | Disposal of 305 shares of common stock at $117.31. |
| 10/07/2024 | Date of signature for the SEC filing. |
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