Form 4: TD SYNNEX CEO Richard Hume Sells Shares Under 10b5-1 Trading Plan

TD SYNNEX CEO Richard Hume sold a portion of his company shares on June 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Richard T. Hume, CEO of TD SYNNEX CORP, sold shares of common stock on June 3, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 3, 2023.
• A total of 10,000 shares were sold in multiple transactions at varying prices.
• The weighted average sale prices ranged from $129.59 to $132.06.
• Following the reported transactions, Hume directly owns 209,363 shares of TD SYNNEX CORP.
• The reporting person will provide information regarding the number of shares sold at each separate price within the range upon request to the SEC staff, or any security holder of the issuer.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as the sales were conducted under a pre-arranged trading plan.

Industry Context

Executive stock sales are a common occurrence, and sales under 10b5-1 plans are generally viewed as less impactful since they are pre-arranged. Investors often monitor these transactions for insights into executive sentiment, but pre-planned sales are less indicative of current sentiment.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates