Form 4: TD SYNNEX Corp: Insider Acquires Shares via ESPP
Insider Transaction Report
TD SYNNEX Corp reports an insider acquisition of common stock through the company's Employee Stock Purchase Plan.
Summary
- Henry John Paul, Chief Accounting Officer at TD SYNNEX Corp (SNX), acquired 162 shares of common stock on June 30, 2026.
- The acquisition was made through the Issuer's 2024 Employee Stock Purchase Plan (ESPP).
- This transaction is exempt under Rule 16b-3(d) and Rule 16b-3(c).
- The shares were purchased at a price of $130.416 per share, representing 85% of the closing price on January 2, 2026, as per the ESPP terms.
- Following this transaction, Henry John Paul beneficially owns 22,862 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction through an employee benefit plan rather than a significant strategic event.
Positives
- Insider participation in employee stock purchase plans often signals confidence in the company's future prospects.
- The acquisition was made at a discount to the market price, indicating a favorable purchase for the reporting person.
- The transaction is structured to comply with SEC regulations for insider reporting.
Negatives
- The filing only reports a small acquisition of shares by a single insider, which may not represent a significant strategic move.
Risks
- The filing does not explicitly mention any risks associated with this transaction.
Future Outlook
The filing does not contain forward-looking statements or guidance regarding future performance.
Industry Context
StockSavvy.ai notes that employee stock purchase plans are common in the technology and IT services sector, where TD SYNNEX Corp operates, as a way to incentivize and retain talent. Insider participation, even in small amounts, can be viewed positively by the market.
Stakeholder Impact
- Shareholders: The transaction is a routine insider purchase via an ESPP and is unlikely to have a significant direct impact on share price or overall shareholder value in the short term. It may be seen as a minor positive signal of insider confidence.
- Employees: The ESPP provides an opportunity for employees, including management, to acquire company stock at a discount, fostering a sense of ownership and alignment with company performance.
- Management: The reporting person, as Chief Accounting Officer, is utilizing a standard employee benefit to increase their stake in the company.
Next Steps
- Continued compliance with Section 16 reporting requirements for future transactions.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date used to determine the purchase price for the ESPP (85% of closing price). |
| 01/01/2026 | Start date of the ESPP purchase period (January 1, 2026 through June 30, 2026). |
| 06/30/2026 | Transaction date for the acquisition of common stock. |
| 07/06/2026 | Date the statement was signed by the reporting person's attorney-in-fact. |
Keywords
TD SYNNEX Corp, SNX, Form 4, Insider Trading, Employee Stock Purchase Plan, ESPP, Stock Acquisition, Beneficial Ownership, Chief Accounting Officer
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