Form 4: TD SYNNEX Corp Executive Dennis Polk Executes Stock Options and Sells Shares
SEC Form 4
Dennis Polk, a director and executive at TD SYNNEX Corp, exercised stock options and sold shares on June 27, 2024.
Summary
- On June 27, 2024, Dennis Polk, an executive at TD SYNNEX Corp, exercised employee stock options to acquire 9,101 shares at $38.89 and 10,899 shares at $56.5.
- Following the exercise of these options, Polk sold 15,974 shares at a weighted average price of $115.49 and 4,026 shares at a weighted average price of $116.31.
- After these transactions, Polk directly owns 134,706 shares of TD SYNNEX Corp common stock and 15,689 employee stock options.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock transactions are a normal part of corporate governance and compensation practices. The filing provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of earliest transaction: exercise of stock options and sale of shares. |
| 06/28/2024 | Date of signature by attorney-in-fact. |
| 10/11/2028 | Expiration date of one set of employee stock options. |
| 10/02/2029 | Expiration date of another set of employee stock options. |
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