In a recent SEC filing, Dennis Polk, Chair of Hyve Solutions, reported multiple transactions involving shares of TD SYNNEX Corp. This activity is notable as it underscores Polk's ongoing engagement with the company, which operates in the wholesale computer and peripheral equipment sector.
Polk's filing, dated October 19, 2026, details several stock transactions that occurred on October 15, 2026. The report includes the acquisition of 6,681 shares of common stock, with a price per share of $255.14. Additionally, Polk disposed of 2,681 shares and 994 shares, indicating a strategic adjustment of his holdings.
Background
TD SYNNEX Corp, identified by the CIK number 0001177394, is a significant player in the wholesale computer and peripheral equipment and software industry. The company operates under the SIC classification 5045 and is listed on the stock exchange under the ticker symbol SNX. Recent filings show that TD SYNNEX has been active in the market, with multiple reports submitted in October 2026, including Form 4 filings on October 22 and October 21.
What the Filing Says
The filing reveals that Polk acquired 3,762 shares of restricted stock as part of the 2020 Stock Incentive Plan, which vests in three equal parts over three years. The filing states, "Represents shares of restricted stock awarded under the 2020 Stock Incentive Plan. The restricted stock vests as to 1/3 of the shares on each of the first three anniversaries of the date of grant." Following these transactions, Polk now holds a total of 66,647 shares, with a portion held in trust.
Impact
This update may have implications for shareholders and stakeholders of TD SYNNEX Corp, as it reflects the strategic decisions made by a key executive in managing his stock holdings. Polk's active trading may influence investor perceptions and confidence in the company's governance.
What's Next
The filing does not say what happens next.