SNX - Major Exercise Alert: DENNIS POLK Exercises Options Worth $1.51M At TD Synnex | Benzinga
A substantial insider activity was disclosed on April 9, as POLK, Head Hyve Solutions at TD Synnex (NYSE:SNX), reported the exercise of a large sell of company stock options.
What Happened: POLK, Head Hyve Solutions at TD Synnex, exercised stock options for 20,000 shares of SNX stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The exercise price of the options was $38.89 per share.
The Wednesday morning update indicates TD Synnex shares down by 1.49%, currently priced at $114.58. At this value, POLK's 20,000 shares are worth $1,513,800.
Get to Know TD Synnex Better
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and datacenter infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include, the Americas, Europe, and APJ.
Unraveling the Financial Story of TD Synnex
Decline in Revenue: Over the 3 months period, TD Synnex faced challenges, resulting in a decline of approximately -7.6% in revenue growth as of 29 February, 2024. This signifies a ...