Form 4: Director Richard Hume Sells TD SYNNEX Shares

Director Richard T. Hume sold 5,000 shares of TD SYNNEX Corp common stock via a pre-arranged Rule 10b5-1 trading plan.

Summary

• Director Richard T. Hume executed the sale of 5,000 shares of TD SYNNEX (SNX) common stock on May 18, 2026.
• The shares were sold in multiple tranches at weighted average prices ranging from $227.93 to $232.07 per share.
• Following these transactions, the reporting person retains beneficial ownership of 28,537 shares of common stock.
• The sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on February 2, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted under a pre-planned 10b5-1 arrangement, which is standard practice for corporate insiders.

Positives

• The transaction was executed under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for corporate insiders to sell shares without triggering concerns regarding non-public information.

Negatives

• The sale represents a reduction in the director's direct equity stake in the company.

Risks

• Insider selling can sometimes be perceived by the market as a signal that the stock price has reached a near-term peak.

Future Outlook

No forward-looking guidance or operational outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that insider selling via 10b5-1 plans is a routine corporate governance practice in the IT distribution and solutions industry, typically reflecting personal financial planning rather than a change in corporate strategy.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives at major technology firms like TD SYNNEX to ensure compliance with SEC regulations.
• The volume of shares sold is relatively minor compared to the total outstanding shares of the company.

Stakeholder Impact

• Minimal impact expected on shareholders as the sale was pre-planned and represents a small portion of the director's holdings.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

TD SYNNEX, SNX, Insider Trading, Form 4, Director, Equity Sale