Form 4: TD SYNNEX CORP Director Dennis Polk Sells 3,000 Shares

Director Dennis Polk executed a sale of 3,000 shares of TD SYNNEX CORP common stock at $105 per share on April 9, 2025, according to a Form 4 filing with the SEC.

Summary

• On April 9, 2025, Dennis Polk, a director and Hyve Solutions Executive at TD SYNNEX CORP, sold 3,000 shares of common stock at a price of $105 per share.
• The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 13, 2024.
• Following the transaction, Polk directly owns 39,579 shares and indirectly owns 96,387 shares through a family trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was executed under a pre-arranged trading plan, suggesting it's not necessarily indicative of the director's current sentiment about the company's prospects.

Industry Context

Sales by company insiders are a common occurrence and are often scrutinized by investors as they may provide insights into the insider's perspective on the company's valuation and future prospects. However, sales under pre-arranged trading plans like Rule 10b5-1 are often less indicative of the insider's current sentiment, as these plans are set up in advance to avoid accusations of insider trading.

Key Dates

Keywords

TD SYNNEX CORP, Dennis Polk, Form 4, SEC, Stock Sale, Rule 10b5-1, Director, Hyve Solutions Executive, Beneficial Ownership