Form 4: TD SYNNEX Executive Dennis Polk Reports Stock Transactions

Dennis Polk, Head of Hyve Solutions at TD SYNNEX, reported the acquisition and disposal of company stock and derivative securities on April 8, 2024.

Summary

• On April 8, 2024, Dennis Polk, Head of Hyve Solutions at TD SYNNEX CORP, reported transactions involving the company's stock.
• Polk acquired 20,000 shares of common stock through the exercise of employee stock options at a price of $38.89 per share.
• He also disposed of 8,450 shares at a weighted average price of $117.86 and 11,550 shares at a weighted average price of $118.27.
• Following these transactions, Polk beneficially owns 134,706 shares of TD SYNNEX common stock.
• Polk also owns 9,101 derivative securities in the form of employee stock options.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives at publicly traded companies like TD SYNNEX.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The filing ensures transparency for stakeholders regarding insider trading activities.

Key Dates