TD SYNNEX Corp Insider Dennis Polk Withholds $547K in Stock for Taxes
TD SYNNEX CORP
Subscribe to track SNX
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
TD SYNNEX CORP ($SNX) - Form 4 Filing Summary • Insider: Dennis Polk (Chair, Hyve Solutions / Director) • Transaction Date: October 5, 2026 • Transaction Type: Tax Withholding (Code F) • Shares Transacted: 1,976 shares disposed @ $277.28 ($547,905.28 total value) • Shares Owned After: 20,463 direct shares (plus 69,147 indirect via Trust) • Trading Significance: Low (routine tax withholding upon vesting)
Comprehensive Analysis
Executive Summary
On October 5, 2026, Dennis Polk, Director and Chair of Hyve Solutions at TD SYNNEX CORP ($SNX), reported the disposition of 1,976 shares of common stock at a price of $277.28 per share, totaling approximately $547,905.28. The disposition was carried out across two line items (1,212 shares and 764 shares) under Transaction Code 'F', representing shares withheld by the issuer to satisfy tax withholding obligations upon the vesting of equity awards.
Transaction Breakdown
- 1,212 shares withheld at $277.28 per share ($336,063.36)
- 764 shares withheld at $277.28 per share ($211,841.92)
- Total Disposed: 1,976 shares ($547,905.28)
Ownership Post-Transaction
Following the transactions:
- Direct Ownership: 20,463 shares of common stock.
- Indirect Ownership: 69,147 shares held indirectly through a trust.
Market & Strategic Context
Because Transaction Code 'F' reflects automated or mandatory share withholding to cover tax liabilities associated with equity compensation vesting rather than open-market discretionary selling, this transaction does not signal insider sentiment or a shift in operational confidence. Consequently, its trading significance is deemed Low.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
