TD SYNNEX (SNX) HR chief reports ESPP share buy and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TD SYNNEX Chief Human Resources Officer Dhanji Alim reported routine share movements tied to compensation and tax withholding. On June 30, 2026, he acquired 82 shares of common stock at $130.416 per share through the 2024 Employee Stock Purchase Plan for the January 1–June 30, 2026 purchase period. On July 2, 2026, 628 shares were disposed of at $244.64 per share to satisfy tax obligations, a non-market tax-withholding transaction. After these transactions, he directly holds 12,880 TD SYNNEX common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dhanji Alim
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 628 | $244.64 | $154K |
| Grant/Award | Common Stock | 82 | $130.416 | $11K |
Holdings After Transaction:
Common Stock — 12,880 shares (Direct, null)
Footnotes (1)
- The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2024 Employee Stock Purchase Plan ("ESPP") that were exempt under both Rule 16b-3(d) and Rule 16b-3(c) for the ESPP purchase period of January 1, 2026 through June 30, 2026. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on January 2, 2026.
Key Figures
ESPP shares acquired: 82 shares
ESPP purchase price: $130.416 per share
Tax-withholding shares: 628 shares
+3 more
6 metrics
ESPP shares acquired
82 shares
Common stock acquired on June 30, 2026 via 2024 ESPP
ESPP purchase price
$130.416 per share
Price for 82 ESPP shares on June 30, 2026
Tax-withholding shares
628 shares
Shares disposed on July 2, 2026 for tax withholding
Tax-withholding price
$244.64 per share
Value per share for 628-share tax-withholding disposition
Shares held after transactions
12,880 shares
Direct TD SYNNEX common stock holdings after July 2, 2026
ESPP discount basis
85% of closing price
Based on closing price on January 2, 2026 per ESPP terms
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c)
3 terms
Employee Stock Purchase Plan financial
"acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2024 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(d) regulatory
"were exempt under both Rule 16b-3(d) and Rule 16b-3(c) for the ESPP purchase period"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"were exempt under both Rule 16b-3(d) and Rule 16b-3(c) for the ESPP purchase period"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
What did TD SYNNEX (SNX) executive Dhanji Alim report in this Form 4?
He reported acquiring 82 TD SYNNEX common shares through the 2024 Employee Stock Purchase Plan and a separate disposition of 628 shares to cover tax liabilities. These are routine compensation-related and tax-withholding entries rather than open-market buying or selling.
Is Dhanji Alim’s TD SYNNEX (SNX) Form 4 transaction a market buy or sell?
No, the filing shows a compensation-related acquisition and a tax-withholding disposition, not open-market trades. The 82-share acquisition came from the ESPP, while the 628-share disposition covered tax liabilities using shares instead of cash.