Form 4: TD SYNNEX CORP Director Dennis Polk Sells Shares Under 10b5-1 Trading Plan

Director Dennis Polk of TD SYNNEX CORP executed sales of common stock on January 29, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On January 29, 2025, Dennis Polk, a director and Hyve Solutions Executive at TD SYNNEX CORP, sold shares of common stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on October 13, 2024.
• Polk sold 800 shares at a weighted average price of $140.79, 1,490 shares at $141.52, and 710 shares at $142.15.
• Following these transactions, Polk directly owns 39,579 shares and indirectly owns 102,387 shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity, which is common for corporate executives and directors. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially creating downward pressure on the stock price, although the impact is likely to be minimal due to the pre-planned nature of the sales.

Key Dates