Dennis Polk, who serves as Chair of Hyve Solutions, has been a consistent seller of shares in TD SYNNEX (SNX) over the past year, with no corresponding open-market purchases recorded in his recent SEC Form 4 filings. Across 62 total transactions spanning two companies, Polk has disposed of approximately $17.85 million in stock, entirely through sales. The most recent activity, clustered on July 15, 2026, shows six separate sales totaling roughly $624,000, while a larger wave in late June saw sales of about $6.66 million across three days, partially offset by option exercises valued at $2.64 million that were immediately sold. The pattern is uniformly one-directional: every open-market transaction in the filing history is a sale, with zero purchases reported.
The selling has been concentrated in SNX, with transactions occurring on a near-monthly cadence since at least January 2026. Notable individual sales include a $2.53 million disposition on June 29, 2026, a $2.15 million sale on June 30, and a $1.79 million sale on January 12. Smaller recurring sales, ranging from roughly $49,000 to $509,000, appear on dates such as May 15, June 15, and April 17, suggesting a systematic approach to reducing his position. The only non-SNX trade in the recent window is a zero-value grant of shares in Concentrix (CNXC) on March 25, 2026, which is compensation rather than a discretionary purchase. A tax-withholding transaction in SNX on January 20, valued at $46,813, is an automatic consequence of equity vesting rather than a market decision.
The data reveals a clear selling bias: Polk has not made a single open-market purchase in the tracked period, while executing at least 20 sales in the recent window alone. The dollar amounts are substantial, with the largest individual sales exceeding $2 million, and the frequency has increased in the second quarter of 2026. While option exercises (coded M) and tax withholdings (coded F) complicate the raw totals, the core signal is unambiguous—Polk is monetizing his equity holdings in SNX on a regular basis, with no countervailing buying activity to suggest a long-term accumulation strategy.
AI-assisted summary