Form 4: TD SYNNEX CLO Sells Shares for Tax Purposes
Insider Transaction Report
TD SYNNEX Chief Legal Officer David R. Vetter reported the disposal of 1,139 shares of common stock across two transactions in early October 2025, likely for tax withholding.
Summary
- David R. Vetter, the Chief Legal Officer of TD SYNNEX CORP (SNX), reported transactions involving the company's common stock.
- On October 3, 2025, 734 shares of common stock were disposed of at a price of $158.66 per share.
- On October 6, 2025, an additional 405 shares of common stock were disposed of at a price of $157.84 per share.
- These transactions are marked with code 'F', which typically indicates shares withheld by the issuer to cover tax obligations upon the vesting of equity awards.
- Following these reported transactions, Mr. Vetter directly beneficially owns 64,714 shares of TD SYNNEX common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral. The transactions are routine disposals, likely for tax withholding purposes (indicated by transaction code 'F'), and do not suggest a change in management's outlook or company performance.
Negatives
- The transactions represent a reduction in the direct beneficial ownership of common stock by a key executive, totaling 1,139 shares.
Future Outlook
Not applicable as this is an insider transaction report detailing past share disposals, not providing forward-looking statements or guidance.
Industry Context
Not applicable as this is an insider transaction report for a specific executive and does not provide information related to broader industry trends or competitors.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, which is generally negligible given the nature of the 'F' transaction code (tax withholding).
Key Dates
| Date | Description |
|---|---|
| 10/03/2025 | Disposal of 734 shares of common stock by David R. Vetter. |
| 10/06/2025 | Disposal of 405 shares of common stock by David R. Vetter. |
| 10/07/2025 | Date the Form 4 filing was signed and submitted. |
Recommendation
holdThe filing details routine insider share disposals, likely for tax purposes, and does not provide new information to alter an investment thesis for TD SYNNEX. Such transactions are common and typically do not reflect a change in the company's fundamentals or management's confidence.
Keywords
TD SYNNEX, SNX, Form 4, Insider Transaction, Share Disposal, David R. Vetter, Chief Legal Officer, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.