Form 4: TD SYNNEX Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
TD SYNNEX Director and Hyve Solutions Executive Dennis Polk sold 3,000 shares of common stock on October 6, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX Corp (SNX), reported the sale of common stock.
- The transactions occurred on October 6, 2025, involving a total of 3,000 shares.
- The sales were executed pursuant to a Rule 10b5-1 trading plan, which was adopted on October 13, 2024.
- Shares were sold at weighted average prices ranging from $157.92 to $160.96 per share.
- Following these transactions, Polk beneficially owns 113,647 shares of common stock, comprising 81,660 shares indirectly through a trust and 31,987 shares held directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan. Such planned sales are generally considered neutral in terms of reflecting management's sentiment about the company's future prospects, as they are not discretionary.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction disclosure for a director and executive of a technology distribution and solutions company. Such filings are common across all industries for publicly traded companies and do not inherently reflect broader industry trends.
Stakeholder Impact
- Shareholders: The sale represents a minor reduction in insider ownership, but given it's a 10b5-1 plan, it is unlikely to signal a change in management's confidence or have a significant impact on shareholder perception.
Key Dates
| Date | Description |
|---|---|
| 10/13/2024 | Date Rule 10b5-1 trading plan was adopted by the reporting person on behalf of the Polk family trust. |
| 10/06/2025 | Date of the reported stock transactions. |
| 10/07/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
TD SYNNEX, SNX, Form 4, Insider Trading, Stock Sale, Dennis Polk, 10b5-1 Plan
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