Form 4: TD SYNNEX Corp Director Dennis Polk Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director Dennis Polk of TD SYNNEX Corp executed sales of common stock on May 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 5, 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.
- A total of 1,377 shares were sold at a weighted average price of $114.81, with prices ranging from $114.58 to $114.93.
- An additional 1,623 shares were sold at a weighted average price of $115.29, with prices ranging from $115.05 to $115.71.
- Following these transactions, Polk directly owns 39,579 shares and indirectly owns 93,387 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding stock sales by a company director under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on inside information. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices.
Key Dates
| Date | Description |
|---|---|
| 2024-10-13 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-05-05 | Date of stock sale transaction. |
| 2025-05-06 | Date of signature on the Form 4 filing. |
Keywords
TD SYNNEX CORP, SNX, Dennis Polk, Form 4, Stock Sale, Rule 10b5-1, Director, Insider Trading
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