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

TD SYNNEX CEO Richard Hume sold a portion of his common stock holdings on March 4, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 4, 2024, Richard T. Hume, the CEO of TD SYNNEX CORP, sold shares of common stock.
• 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 two transactions.
• The first transaction involved the sale of 9,495 shares at a weighted average price of $105.54.
• The second transaction involved the sale of 505 shares at a weighted average price of $106.14.
• Following these transactions, Hume directly owns 229,363 shares of TD SYNNEX CORP common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive. It is neutral in tone and does not inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 plan indicates the sales were scheduled in advance.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, but is unlikely to be significant given the pre-planned nature of the transactions.

Key Dates