Polk Family Trust trims TD SYNNEX (SNX) stake in planned 2,500-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TD SYNNEX director and Hyve Solutions chair Dennis Polk reported pre-planned sales of company stock held in a family trust. On behalf of the Polk Family Trust, for which he serves as trustee, the trust sold a total of 2,500 shares of TD SYNNEX common stock in open-market transactions on May 15, 2026.
The shares were sold in three blocks: 600 shares at a weighted average price of $231.26, 900 shares at $230.49, and 1,000 shares at $229.74, each representing multiple trades within stated price ranges. Following these sales, the trust holds 80,647 shares indirectly, and Polk also holds 22,439 shares directly. The transactions were executed under a Rule 10b5-1 trading plan adopted on January 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares ($575,937)
Net Sell
4 txns
Insider
POLK DENNIS
Role
Chair, Hyve Solutions
Sold
2,500 shs ($576K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $229.74 | $230K |
| Sale | Common Stock | 900 | $230.49 | $207K |
| Sale | Common Stock | 600 | $231.26 | $139K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 80,647 shares (Indirect, By Trust);
Common Stock — 22,439 shares (Direct, null)
Footnotes (1)
- These sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 16, 2026, on behalf of the Polk Family Trust of which the reporting person is a trustee. Represents the weighted average sales price for a number of transactions effected at prices ranging from $229.34 to $229.98. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range. Represents the weighted average sales price for a number of transactions effected at prices ranging from $230.11 to $230.93. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range. Represents the weighted average sales price for a number of transactions effected at prices ranging from $231.00 to $231.57. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold: 2,500 shares
Block sale price 1: $231.26 per share
Block sale price 2: $230.49 per share
+4 more
7 metrics
Shares sold
2,500 shares
Open-market sales on May 15, 2026 by Polk Family Trust
Block sale price 1
$231.26 per share
Weighted average price for 600-share sale block
Block sale price 2
$230.49 per share
Weighted average price for 900-share sale block
Block sale price 3
$229.74 per share
Weighted average price for 1,000-share sale block
Indirect holdings after sale
80,647 shares
TD SYNNEX common stock held by Polk Family Trust after transactions
Direct holdings
22,439 shares
TD SYNNEX common stock held directly by Dennis Polk
Trading plan adoption date
January 16, 2026
Date Rule 10b5-1 trading plan for Polk Family Trust was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, Polk Family Trust, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"These sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"Represents the weighted average sales price for a number of transactions effected at prices ranging..."
Polk Family Trust financial
"on behalf of the Polk Family Trust of which the reporting person is a trustee"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider activity did TD SYNNEX (SNX) report for Dennis Polk?
TD SYNNEX reported that a family trust associated with Dennis Polk sold 2,500 shares of common stock in open-market transactions on May 15, 2026. These were routine, pre-planned trades under a Rule 10b5-1 trading plan adopted earlier in 2026.