Form 4: TD SYNNEX Executive Sells Shares for Tax Obligations

TD SYNNEX Director and Hyve Solutions Executive Dennis Polk disposed of 870 shares of common stock at $158.65 per share to cover tax liabilities.

Summary

• Dennis Polk, a Director and Hyve Solutions Executive at TD SYNNEX CORP (SNX), reported a transaction involving the company's common stock.
• The transaction occurred on October 7, 2025, and involved the disposition of 870 shares.
• The shares were disposed of at a price of $158.65 per share.
• This disposition was coded as 'F', indicating payment of tax liability by withholding securities.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this transaction, Dennis Polk directly beneficially owns 31,117 shares of common stock.
• Additionally, 81,660 shares are indirectly beneficially owned by a Trust.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax liabilities, often associated with the vesting of restricted stock. This type of transaction, especially when pre-planned under Rule 10b5-1(c), is generally considered neutral in terms of market sentiment as it does not typically reflect management's view on the company's future prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is common across publicly traded companies and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes by an insider, not indicative of a change in confidence or strategic direction.

Key Dates

Keywords

TD SYNNEX, SNX, Dennis Polk, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Tax Withholding, Rule 10b5-1