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SEC EDGARSEP 161 min read$SNX

POLK DENNIS sold $660K of SNX (indirect holdings)

POLK DENNIS (Chair, Hyve Solutions) sold 2,500 indirectly-held shares of TD SYNNEX CORP (SNX) at an average of $264.19 ($262.76–$267.45, $0.66M total) across 6 trades on 2026-09-15 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · POLK DENNIS
Published Sep 16, 2026, 8:04 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 16, 2026, 8:14 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$SNX
Bearish
medium confidence
Mentioned
$SNX
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SNXBearishLow
01

Why it matters

The disclosed sale adds transparency but is unlikely to move the stock significantly beyond typical short‑term volatility.

02

Market read

Provides a modestly material insider sale signal for traders monitoring SNX.

03

What to watch

Potential upcoming corporate actions or earnings that may have prompted the pre‑arranged plan.

Relevance 4/10Novelty 4/10Timing: transaction date 2026-09-15

Background

SEC Form 4 filing provides the first public disclosure of the insider transaction.

Company-level read

Ticker impact

$SNXBearishMedium confidence
Context

Form 4 disclosed a $660K open‑market sale of 2,500 shares by Chair Dennis Polk under a 10b5‑1 plan on 2026‑09‑15.

Expected impact

modest downward pressure over the next few trading sessions

Evidence & confidence

A $660K sale by a senior officer is material for a mid‑cap distributor, but the amount is modest and executed via a pre‑arranged plan, limiting informational value.

Market effects

Sector

Minor impact on the technology distribution sector as the sale is isolated to a single insider.

Regional

Limited to U.S. markets where SNX trades.

Global

Low; no broader market implications.

Counterpoint

What could challenge this read

The sale could be purely portfolio rebalancing under a 10b5‑1 plan, not a bearish signal.

Key entities

  • Company
    TD SYNNEX Corp

    Technology distributor listed on NYSE under ticker SNX.

  • Insider
    Polk Dennis

    Chair of Hyve Solutions and officer/director of TD SYNNEX.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

SNX insider trading history →

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