Form 4: TD SYNNEX Executive Sells 3,000 Shares Via 10b5-1 Plan

Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX, sold 3,000 shares of common stock for approximately $465,000 through a pre-arranged 10b5-1 trading plan.

Summary

• Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX Corp, sold a total of 3,000 shares of common stock.
• The sales were executed on December 4, 2025, pursuant to a Rule 10b5-1 trading plan adopted on October 13, 2024.
• The shares were sold at weighted average prices of $154.47 (1,682 shares), $155.72 (1,218 shares), and a specific price of $156.01 (100 shares).
• The estimated total proceeds from these sales amount to approximately $465,000.
• Following these transactions, Polk beneficially owns 109,759 shares, comprising 75,660 shares indirectly through a trust and 34,099 shares held directly.

Sentiment

Score: 5

Explanation: The sale of shares by an insider is generally a neutral to slightly negative signal. However, the execution under a Rule 10b5-1 plan mitigates the negative perception, as it indicates a pre-planned liquidity event rather than a reaction to new, adverse information.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned diversification or liquidity event rather than a reaction to new, negative information.

Negatives

• An insider, who is both a Director and an Officer, sold a significant number of shares (3,000 shares) from their holdings.

Risks

• Potential for market perception of insider selling, even if pre-planned, which could be interpreted negatively by some investors.

Future Outlook

NA

Industry Context

This transaction is a routine insider sale under a pre-arranged plan and does not inherently reflect broader industry trends or competitive positioning for TD SYNNEX. Such sales are common for executives managing personal portfolios.

Related Party Transactions

• The sales were made on behalf of the Polk family trust, of which Dennis Polk is a trustee, indicating a transaction involving a related party (the trust).

Stakeholder Impact

• Shareholders may interpret the insider sale as a slight negative, though the 10b5-1 plan context reduces this concern.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Recommendation

The insider sale by Dennis Polk, while notable, was conducted under a pre-arranged Rule 10b5-1 trading plan. This suggests a planned liquidity event or portfolio diversification rather than a reaction to new, negative company-specific information. Given the context, this transaction alone does not warrant a change in investment thesis for TD SYNNEX, hence a 'hold' recommendation is appropriate.

Keywords

TD SYNNEX, SNX, Insider Trading, Form 4, Dennis Polk, Stock Sale, 10b5-1 Plan, Corporate Governance, Executive Compensation