Insider sales: Dennis Polk executes SNX trades under 10b5-1 plan
Rhea-AI Filing Summary
Form 4 filed for TD SYNNEX (SNX) by Dennis Polk. The filing reports insider sales on 08/04/2025 executed pursuant to a Rule 10b5-1 trading plan adopted October 13, 2024 on behalf of the Polk family trust.
- Sales: 300 shares at a weighted-average price of $141.82 and 2,700 shares at a weighted-average price of $142.22.
- Beneficial ownership reported after the transactions: 90,360 and 87,660 shares, held indirectly "By Trust."
- Form signed by /s/ Cheryl Grant, attorney-in-fact on 08/05/2025.
The form also contains an additional Table I entry showing 35,295 with a disposition indicator "D" but lacking accompanying date, price or ownership columns in the provided excerpt.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sales under a 10b5-1 plan; dates, quantities, and weighted prices are disclosed.
The filing shows Dennis Polk, a director and Hyve Solutions executive, executing sales on 08/04/2025 under a Rule 10b5-1 plan adopted 10/13/2024. Reported transactions: 300 shares at $141.82 (WAP) and 2,700 shares at $142.22 (WAP), with beneficial ownership after the trades reported as 90,360 and 87,660 shares held indirectly by a trust. The disclosure is precise on prices and plan provenance; an additional "35,295 D" row appears without date/price context in the excerpt. Impact assessment: not impactful given information provided; these are planned sales, not ad hoc disclosures.
TL;DR: Proper Form 4 disclosure of Rule 10b5-1 sales by a trustee; signature provided by attorney-in-fact.
The document identifies the reporting person as Dennis Polk and confirms relationship roles (Director; Hyve Solutions Executive). Sales were executed pursuant to a documented 10b5-1 plan on behalf of the Polk family trust, and the filing includes weighted-average price ranges and an attorney-in-fact signature dated 08/05/2025. Governance implication: disclosure aligns with procedural insider sale protocols. Impact assessment: not impactful based on stated facts alone.