Form 4: TD SYNNEX CFO Disposes Shares for Tax Obligations
Insider Ownership Change
TD SYNNEX Chief Financial Officer David Gregory reported the disposition of 685 common shares to cover tax liabilities, maintaining a beneficial ownership of 17,260 shares.
Summary
- Jordan David Gregory, Chief Financial Officer of TD SYNNEX CORP, reported a transaction involving the company's common stock.
- On January 20, 2026, 685 shares of Common Stock were disposed of.
- The transaction code 'F' indicates the disposition was for the payment of tax liability incident to the vesting of a security.
- The deemed price per share for this transaction was $146.29.
- Following this transaction, Mr. Gregory beneficially owns 17,260 shares of TD SYNNEX CORP Common Stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading strategy.
Sentiment
Score: 5
Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes, not indicative of positive or negative sentiment towards the company's performance or future prospects.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | Transaction executed under a Rule 10b5-1(c) plan, indicating adherence to pre-arranged trading plans to avoid accusations of insider trading. | 01/20/2026 | Enhances transparency and reduces potential for perceived opportunistic trading by insiders. |
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, non-discretionary tax-related disposition by an insider, not a sale for personal gain or a reflection of company performance.
Key Dates
| Date | Description |
|---|---|
| 01/20/2026 | Date of transaction where 685 shares were disposed of for tax liability. |
| 01/21/2026 | Date the Form 4 was signed and filed with the SEC. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary disposition of shares by the CFO to cover tax liabilities associated with equity vesting. Such transactions, especially when executed under a Rule 10b5-1 plan, are common and do not typically signal a change in the insider's outlook on the company's prospects. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation based solely on this filing.
Keywords
TD SYNNEX, SNX, Form 4, Insider Transaction, CFO, Stock Disposition, Tax Withholding, Beneficial Ownership, Corporate Governance
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