Form 4: TD SYNNEX Director Dennis Polk Sells Shares Under Pre-Arranged Trading Plan

Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX Corp., sold 3,000 shares of common stock for approximately $368,814 through a Rule 10b5-1 trading plan.

Summary

• Dennis Polk, a Director and Hyve Solutions Executive of TD SYNNEX Corp. (SNX), reported the sale of common stock.
• On June 4, 2025, Mr. Polk sold 2,100 shares at a weighted average price of $122.80 per share.
• On the same date, he sold an additional 900 shares at a weighted average price of $123.26 per share.
• The total number of shares sold was 3,000.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on October 13, 2024, on behalf of the Polk family trust.
• Following these transactions, Mr. Polk beneficially owns 90,387 shares indirectly through a trust and 39,579 shares directly, totaling 129,966 shares.

Sentiment

Score: 5

Explanation: Neutral. A Form 4 reports an insider transaction. While selling can sometimes be perceived negatively, these sales were pre-planned under a Rule 10b5-1 plan, which typically indicates a personal financial management decision rather than a reflection of company-specific negative news.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

TD SYNNEX, SNX, Form 4, Insider Trading, Stock Sale, Dennis Polk, Rule 10b5-1, Common Stock, Director, Officer