Form 4: TD SYNNEX CHRO Alim Dhanji Reports Routine Stock Transactions
Insider Transaction Report
TD SYNNEX Chief Human Resources Officer Alim Dhanji reported the acquisition of shares through an employee stock purchase plan and a subsequent disposition of shares, resulting in a net decrease in beneficial ownership.
Summary
- Alim Dhanji, Chief Human Resources Officer of TD SYNNEX CORP (SNX), reported transactions involving the company's common stock.
- On June 30, 2025, Dhanji acquired 214 shares of common stock at a price of $99.008 per share through the company's 2024 Employee Stock Purchase Plan (ESPP).
- The ESPP shares were purchased based on 85% of the closing price of TD SYNNEX common stock on January 2, 2025.
- This acquisition was for the ESPP purchase period from January 1, 2025, through June 30, 2025, and was exempt under Rule 16b-3(d) and Rule 16b-3(c).
- Following this acquisition, beneficial ownership stood at 12,950 shares.
- On July 2, 2025, Dhanji disposed of 709 shares of common stock at a price of $139.28 per share.
- After the disposition, the beneficial ownership of common stock decreased to 12,241 shares.
- The disposition transaction code 'F' typically indicates a payment of tax liability by delivering or withholding securities incident to the receipt, vesting, or exercise of a security.
Sentiment
Score: 5
Explanation: The document is a factual report of insider transactions, which are routine and do not inherently convey positive or negative sentiment about the company's performance or outlook.
Positives
- The acquisition of shares through the Employee Stock Purchase Plan (ESPP) indicates management's participation in company-sponsored benefit programs, aligning their interests with shareholders.
Negatives
- The disposition of 709 shares resulted in a net decrease in the reporting person's beneficial ownership.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This Form 4 filing details routine insider stock transactions, which are common occurrences across all publicly traded companies. It does not provide information on broader industry trends or competitive landscape.
Related Party Transactions
- The acquisition of 214 shares was made through the company's 2024 Employee Stock Purchase Plan (ESPP), a standard employee benefit program.
Stakeholder Impact
- The transactions primarily impact the personal holdings of Alim Dhanji, the Chief Human Resources Officer.
- Shareholders may note the routine nature of these transactions, which do not suggest significant shifts in insider sentiment or company strategy.
Key Dates
| Date | Description |
|---|---|
| January 1, 2025 | Start of the 2024 Employee Stock Purchase Plan (ESPP) purchase period. |
| January 2, 2025 | Closing price date used for calculating the ESPP purchase price. |
| June 18, 2025 | Date the Power of Attorney was executed by Alim Dhanji. |
| June 30, 2025 | End of the 2024 Employee Stock Purchase Plan (ESPP) purchase period and transaction date for the acquisition of 214 common shares. |
| July 2, 2025 | Transaction date for the disposition of 709 common shares. |
| July 3, 2025 | Date the Form 4 was signed by Cheryl Grant, attorney-in-fact. |
Keywords
TD SYNNEX, SNX, Alim Dhanji, Chief Human Resources Officer, Form 4, Insider Trading, Stock Transactions, Employee Stock Purchase Plan, ESPP, Beneficial Ownership
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