TD SYNNEX Director Transfers 1,011 Shares for Tax Obligations
TD SYNNEX director and Hyve Solutions Executive Dennis Polk reported a late Form 4 filing for transactions that occurred on October 11, 2023.
Sentiment and the balance of points
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Rhea-AI Filing Summary
TD SYNNEX director and Hyve Solutions Executive Dennis Polk reported a late Form 4 filing for transactions that occurred on October 11, 2023. The filing discloses:
- Disposition of 1,011 shares of common stock at $96.12 per share through tax withholding related to the vesting of a restricted stock award
- Following the transaction, Polk directly owns 35,295 shares
- Additionally holds 93,660 shares indirectly through a trust
The transaction was reported late due to an administrative error. The filing was signed by attorney-in-fact Cheryl Grant on June 20, 2025. This disclosure reflects changes in beneficial ownership pursuant to Section 16(a) of the Securities Exchange Act of 1934.
Positive
- None.
Negative
- Late Form 4 filing reported 8 months after transaction date indicates compliance issues
- Tax-related share withholding of 1,011 shares ($97,177 at $96.12/share) represents routine transaction with no significant insider sentiment signal
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,011 | $96.12 | $97K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This transaction is being reported late due to an administrative error.
- F2. Shares withheld to cover tax withholding obligations in connection with vesting of restricted stock award on October 11, 2023.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction occurred at SNX on October 11, 2023?
Why was SNX's Form 4 filing delayed for Dennis Polk's transaction?
What positions does Dennis Polk hold at SNX?
AI-generated analysis. How Rhea-AI works. Not financial advice.