Zammit Patrick 4
Research Summary
AI-generated summary
TD SYNNEX CEO Patrick Zammit Sells 13,900 Shares
What Happened
Patrick Zammit, Chief Executive Officer of TD SYNNEX (SNX), sold 13,900 shares in an open-market transaction on February 6, 2026. The reported weighted-average sale price was $171.57, generating gross proceeds of approximately $2,384,823. This was a sale (not a purchase or option exercise) and therefore does not by itself indicate insider bullishness.
Key Details
- Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-09). Filing appears timely (within required 2 business days).
- Transaction type/code: Open-market sale (S).
- Shares sold: 13,900 shares.
- Price: weighted-average $171.57; individual executions ranged from $171.57 to $171.70 (see footnote).
- Gross proceeds: ~$2,384,823.
- Shares owned after transaction: Not specified in the information provided in this summary (refer to the full Form 4 for post-transaction holdings).
- Footnote: The reported price is a weighted average across multiple executions. The filer states they will provide, upon request, a breakdown of the number of shares sold at each separate price within the $171.57–$171.70 range.
Context
Sales by executives can be routine (e.g., diversification, tax needs, scheduled plans). This filing documents a straightforward open-market sale; it does not explain the insider’s motivation. For retail investors, purchases are typically more informative about insider sentiment than routine sales.