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 for approximately $451,825 through a pre-arranged trading plan.
Summary
- Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX CORP (SNX), reported the sale of 3,000 shares of common stock.
- The transactions occurred on November 4, 2025, and were executed under a Rule 10b5-1 trading plan adopted on October 13, 2024.
- The sales were made on behalf of the Polk family trust, for which Dennis Polk serves as a trustee.
- The shares were sold in three separate transactions at weighted average prices of $149.81, $150.59, and $151.21.
- Specifically, 600 shares were sold at $149.81, 1,761 shares at $150.59, and 639 shares at $151.21.
- Following these sales, Dennis Polk beneficially owns 78,660 shares indirectly through the trust and 34,099 shares directly, totaling 112,759 shares.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered a neutral event and does not typically signal a change in company fundamentals.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
This Form 4 filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Minimal impact, as the sale was pre-planned under a 10b5-1 plan and is a routine insider transaction, not typically indicative of a change in company prospects.
Key Dates
| Date | Description |
|---|---|
| 10/13/2024 | Rule 10b5-1 trading plan adopted by the reporting person on behalf of the Polk family trust. |
| 11/04/2025 | Date of common stock sales transactions. |
| 11/05/2025 | Date the Form 4 was signed and filed. |
Recommendation
holdThe filing reports a routine insider sale executed under a pre-arranged 10b5-1 trading plan. Such planned sales by executives are common and generally do not indicate a change in the company's fundamental prospects or warrant a change in investment recommendation.
Keywords
TD SYNNEX, SNX, Dennis Polk, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, Officer, Hyve Solutions
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.