Form 4: TD SYNNEX Corp Director Dennis Polk Reports Stock Disposals
SEC Form 4
Director Dennis Polk reported the disposal of TD SYNNEX Corp common stock to cover tax obligations.
Summary
- On October 4, 2024, Dennis Polk, a director and Hyve Solutions Executive at TD SYNNEX CORP, disposed of 1,333 shares of common stock at a price of $117.31.
- On October 7, 2024, Polk disposed of 761 shares of common stock at a price of $118.94.
- Also on October 7, 2024, Polk disposed of 868 shares of common stock at a price of $118.94.
- Following these transactions, Polk directly owns 129,320 shares of TD SYNNEX CORP common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock disposals, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal by a director could be perceived as a slightly negative signal by shareholders, although it is common for executives to sell shares for tax purposes or diversification.
Key Dates
| Date | Description |
|---|---|
| 10/04/2024 | Dennis Polk disposed of 1,333 shares of common stock at $117.31 per share. |
| 10/07/2024 | Dennis Polk disposed of 761 shares of common stock at $118.94 per share. |
| 10/07/2024 | Dennis Polk disposed of 868 shares of common stock at $118.94 per share. |
| 10/08/2024 | Date of signature for the Form 4 filing. |
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