Form 4: TD SYNNEX Executive Sells Shares for Tax Obligations
Insider Transaction Report
Reyna Thompson, President of North America at TD SYNNEX, disposed of 560 shares of common stock across three transactions in early October 2025 to cover tax withholding.
Summary
- Reyna Thompson, President, North America of TD SYNNEX Corp (SNX), reported the disposition of common stock.
- On October 3, 2025, 298 shares of common stock were disposed of at a price of $158.66 per share.
- On October 6, 2025, two separate dispositions occurred: 199 shares at $157.84 per share and 63 shares at $157.84 per share.
- These transactions, totaling 560 shares, were coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
- Following these transactions, Reyna Thompson beneficially owns 12,583 shares of common stock directly.
- The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing reports routine, non-discretionary insider transactions for tax withholding purposes, which are neutral in sentiment and do not indicate positive or negative performance.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing reports routine insider transactions for tax withholding purposes, which are common across all publicly traded companies when executives receive equity compensation. It does not provide insights into broader industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Reyna Thompson, an officer and/or director, granted a Power of Attorney to David Vetter, Wayne Hanewicz, Cheryl Grant, and Maribeth Bautista. This authorizes them to execute and file Forms 3, 4, and 5 with the SEC on her behalf, obtain EDGAR credentials, and manage her EDGAR account. | 06/18/2025 | This procedural authorization streamlines compliance with Section 16(a) of the Securities Exchange Act of 1934, ensuring timely and accurate filing of required insider transaction reports. It enhances administrative efficiency for the reporting person and the company. |
Stakeholder Impact
- Shareholders: The disposition of shares for tax purposes is a routine event and generally has no material impact on the company's operations or long-term value. It represents a minor reduction in insider ownership, but not a discretionary sale based on performance.
Key Dates
| Date | Description |
|---|---|
| 06/18/2025 | Date Reyna Thompson executed the Power of Attorney authorizing designated individuals to file SEC Forms on her behalf. |
| 10/03/2025 | Transaction date for the disposition of 298 shares of common stock. |
| 10/06/2025 | Transaction date for the disposition of 199 and 63 shares of common stock. |
| 10/07/2025 | Date the Form 4 was signed by Cheryl Grant, attorney-in-fact for Reyna Thompson. |
Keywords
TD SYNNEX, SNX, Insider Trading, Form 4, Stock Disposition, Tax Withholding, Reyna Thompson, Corporate Governance
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