Form 4: TD SYNNEX Executive Simon Leung Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Simon Leung, Chief Business Officer of TD SYNNEX, reported the disposal of common stock to cover tax obligations arising from equity awards.
Summary
- Simon Leung, Chief Business Officer of TD SYNNEX CORP, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of TD SYNNEX common stock on October 4, 2024, and October 7, 2024.
- These disposals were likely to cover tax obligations.
- Following the reported transactions, Leung directly owns 26,311 shares of TD SYNNEX common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 10/04/2024 | Disposal of 575 shares of common stock at $117.31. |
| 10/07/2024 | Disposal of 260 shares of common stock at $118.94. |
| 10/07/2024 | Disposal of 291 shares of common stock at $118.94. |
| 10/08/2024 | Date of signature for the Form 4 filing. |
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