TD SYNNEX Executive Still Holds 49,500 Shares After Tax-Related Disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TD SYNNEX CFO Marshall Witt reported a late Form 4 filing for a tax-related share withholding transaction that occurred on October 11, 2023. The transaction involved the disposition of 280 shares of common stock at a price of $96.12 per share to cover tax withholding obligations related to the vesting of a restricted stock award.
Following the transaction, Witt continues to directly own 49,563 shares of TD SYNNEX common stock. The filing was submitted on June 20, 2025, with the company acknowledging the late reporting was due to an administrative error.
- Transaction Code: F (Payment of exercise price or tax liability using portion of securities received)
- Ownership Type: Direct
- Role: Chief Financial Officer
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Witt Marshall
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 280 | $96.12 | $27K |
Holdings After Transaction:
Common Stock — 49,563 shares (Direct)
Footnotes (1)
- This transaction is being reported late due to an administrative error. Shares withheld to cover tax withholding obligations in connection with vesting of restricted stock award on October 11, 2023.
FAQ
Why was SNX's Form 4 filing for October 2023 transaction filed late?
The Form 4 filing notes that the October 11, 2023 transaction was reported late 'due to an administrative error' as disclosed in the Explanation of Responses section.
What was the purpose of SNX CFO Marshall Witt's stock disposition in October 2023?
The shares were withheld by TD SYNNEX (SNX) to cover tax withholding obligations that arose in connection with the vesting of a restricted stock award on October 11, 2023. This was not an open market sale but rather a mandatory withholding for tax purposes.