Polk Family Trust sells 2,500 TD SYNNEX (SNX) shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TD SYNNEX CORP director and Hyve Solutions chair Dennis Polk reported open-market sales of a total of 2,500 shares of common stock on June 15, 2026, executed by the Polk Family Trust under a pre-arranged Rule 10b5-1 trading plan adopted on January 16, 2026. The trades were made at weighted average prices around $283.80–$285.07 per share across multiple transactions. After these transactions, Polk continues to hold 22,439 shares of TD SYNNEX common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares ($710,828)
Net Sell
4 txns
Insider
POLK DENNIS
Role
Chair, Hyve Solutions
Sold
2,500 shs ($711K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 510 | $283.80 | $145K |
| Sale | Common Stock | 1,790 | $284.40 | $509K |
| Sale | Common Stock | 200 | $285.07 | $57K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 78,637 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 $283.64 to $283.97. 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 $284.01 to $284.99. 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
Sale price tranche 1: $285.07/share
Sale price tranche 2: $284.40/share
+4 more
7 metrics
Shares sold
2,500 shares
Total common stock sold on June 15, 2026
Sale price tranche 1
$285.07/share
Open-market sale of 200 shares
Sale price tranche 2
$284.40/share
Open-market sale of 1,790 shares
Sale price tranche 3
$283.80/share
Open-market sale of 510 shares
Direct holdings after transactions
22,439 shares
Common stock held directly by Dennis Polk
Price range footnote 1
$283.64–$283.97
Range underlying one weighted average sale price
Price range footnote 2
$284.01–$284.99
Range underlying another weighted average sale price
Key Terms
Rule 10b5-1 trading plan, Polk Family Trust, weighted average sales price, open-market sale, +1 more
5 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.
Polk Family Trust financial
"...on behalf of the Polk Family Trust of which the reporting person is a trustee."
weighted average sales price financial
"Represents the weighted average sales price for a number of transactions effected at prices ranging..."
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.
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Trust""
FAQ
What insider transaction did TD SYNNEX (SNX) report for Dennis Polk?
TD SYNNEX reported that Dennis Polk, Chair of Hyve Solutions and a director, oversaw sales of 2,500 shares of common stock on June 15, 2026. The trades were executed in the open market by the Polk Family Trust as disclosed in a Form 4 filing.
Were the TD SYNNEX (SNX) insider sales pre-planned under Rule 10b5-1?
Yes. The filing states the sales were made pursuant to a Rule 10b5-1 trading plan adopted on January 16, 2026. Such plans pre-schedule trades, which can make the timing of sales less indicative of the insider’s short-term market view.
What is Dennis Polk’s role at TD SYNNEX (SNX)?
Dennis Polk is identified as both a director of TD SYNNEX and an officer serving as Chair of Hyve Solutions. This dual role means his trading activity is closely monitored and must be reported through insider filings such as Form 4.