Form 4: TD SYNNEX Executive Sells Shares for Tax Obligations
Statement of Changes in Beneficial Ownership (Form 4)
TD SYNNEX Director and Officer Dennis Polk reported the disposition of common stock to cover tax withholding obligations related to equity awards.
Summary
- Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX CORP (SNX), reported changes in his beneficial ownership.
- Polk disposed of 1,210 shares of common stock on October 3, 2025, at a price of $158.66 per share.
- On October 6, 2025, Polk disposed of an additional 1,336 shares of common stock and 762 shares of common stock, both at a price of $157.84 per share.
- These dispositions were made to satisfy tax withholding obligations related to equity awards.
- Following these transactions, Polk directly owns 31,987 shares of common stock.
- Polk also indirectly owns 84,660 shares of common stock through a Trust.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions for tax withholding purposes, which are generally neutral in sentiment regarding the company's performance or outlook. These are administrative events rather than discretionary sales or purchases.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
NA
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Minimal impact on shareholders as these are routine tax-related dispositions and do not signal a change in company fundamentals or executive confidence. The transactions are a standard part of executive compensation and tax planning.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 10/03/2025 | Disposition of 1,210 shares of common stock by Dennis Polk. |
| 10/06/2025 | Disposition of 1,336 and 762 shares of common stock by Dennis Polk. |
| 10/07/2025 | Date the Form 4 was signed by Cheryl Grant, attorney-in-fact for Dennis Polk. |
Recommendation
holdThe filing details routine insider stock dispositions for tax withholding purposes, which do not reflect a change in the company's fundamental performance or outlook. As such, it does not warrant a change in investment recommendation based solely on this report.
Keywords
TD SYNNEX, SNX, Form 4, insider transaction, stock disposition, Dennis Polk, executive, director, common stock, tax withholding
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