SNX - DENNIS POLK At TD Synnex Capitalizes: Options Exercised Resulting In $265K | Benzinga
A significant insider transaction involving the exercise of company stock options was reported on January 18, by DENNIS POLK, Head Hyve Solutions at TD Synnex (NYSE:SNX), as per the latest SEC filing.
What Happened: POLK, Head Hyve Solutions at TD Synnex, exercised stock options for 6,701 shares of SNX stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The exercise price of the options was $64.14 per share.
TD Synnex shares are trading up 0.45% at $103.77 at the time of this writing on Thursday morning. Since the current price is $103.77, this makes POLK's 6,701 shares worth $265,585.
Delving into TD Synnex's Background
TD Synnex Corp is a global distributor and solutions aggregator for the IT ecosystem. Its edge-to-cloud portfolio is anchored in some of the technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility, and everything as a service.
A Deep Dive into TD Synnex's Financials
Positive Revenue Trend: Examining TD Synnex's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.2% as of 30 November, 2023, showcasing a substantial increase in ...