SNX: Director exercised 17,500 options and sold 17,500 shares
Rhea-AI Filing Summary
TD SYNNEX Corp. director and officer Dennis Polk reported multiple transactions on 10/09/2025. He exercised employee stock options to acquire 14,320 shares at an exercise price of $90.52 and 3,180 shares at $106.35, increasing option-derived holdings shown in Table II. Concurrently he sold a total of 17,500 common shares in several transactions at weighted average prices in ranges reported between $155.27 and $157.26 (detailed in the filing). After these transactions the filing shows 31,117 shares owned directly and 81,660 shares held indirectly by trust.
Positive
- Exercise of employee options: 17,500 options exercised (14,320 at $90.52, 3,180 at $106.35)
- Maintained significant indirect ownership with 81,660 shares held by trust
Negative
- Open-market sales of 17,500 common shares at weighted average prices in the $155–$157 range
- Direct ownership declined to 31,117 shares following the transactions
Insights
Director/officer exercised 17,500 options and sold 17,500 shares on 10/09/2025.
The reporting shows two option exercises: $90.52 for 14,320 shares and $106.35 for 3,180 shares, recorded as newly acquired under employee stock options. Simultaneous open-market sales of common stock totaled 17,500 shares executed at weighted average prices disclosed across three price ranges.
These transactions reduce direct share count from earlier levels to 31,117 while a trust retains 81,660 indirect shares. Watch for any pattern of scheduled option exercises or planned sales in subsequent filings around typical vesting anniversaries and option expiration dates such as 01/20/2031 and 01/19/2032.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 14,320 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 3,180 | $0.00 | -- |
| Exercise | Common Stock | 14,320 | $90.52 | $1.30M |
| Exercise | Common Stock | 3,180 | $106.35 | $338K |
| Sale | Common Stock | 1,493 | $155.68 | $232K |
| Sale | Common Stock | 14,693 | $156.54 | $2.30M |
| Sale | Common Stock | 1,314 | $157.01 | $206K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the weighted average sales price for a number of transactions effected at prices ranging from $155.265 to $155.89. 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 $156.00 to $156.90. 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 $157.00 to $157.52. 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. This stock option vests as to 20% of the shares on the first anniversary of October 7, 2020 and vests as to 1/60th of the shares monthly thereafter. This stock option vests as to 20% of the shares on the first anniversary of the date of grant and vests as to 1/60th of the shares monthly thereafter.
