Form 4: TD SYNNEX Chief Accounting Officer Acquires Shares Through Employee Stock Purchase Plan

Sentiment:

SEC Form 4 Filing


John Paul Henry, Chief Accounting Officer of TD SYNNEX CORP, reports the acquisition of 125 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

  • On June 28, 2024, John Paul Henry, the Chief Accounting Officer of TD SYNNEX CORP [SNX], acquired 125 shares of the company's common stock.
  • The acquisition was made through the company's 2024 Employee Stock Purchase Plan (ESPP).
  • The price per share was $86.309, based on 85% of the closing price of the Issuer's common stock on January 29, 2024, as per the ESPP terms.
  • Following the transaction, Henry directly owns 18,354 shares of TD SYNNEX CORP.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan, indicating confidence but not necessarily a major market-moving event.

Positives

  • The acquisition of shares by a company officer through the ESPP can be seen as a positive sign, indicating confidence in the company's future performance.
  • The ESPP allows employees to purchase company stock at a discounted rate, aligning their interests with those of the shareholders.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the actions of company executives regarding their ownership of company stock.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a company executive.

Key Dates

DateDescription
January 29, 2024Date used to determine the purchase price of shares under the ESPP (85% of closing price).
June 28, 2024Date of the transaction (acquisition of shares).
June 30, 2024End date of the ESPP purchase period.
July 11, 2024Date of the Form 4 filing.

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