Form 4: TD SYNNEX CFO Marshall Witt Executes Stock Option and Sells Shares
SEC Form 4 Filing
Chief Financial Officer of TD SYNNEX, Marshall Witt, exercised stock options and sold shares on March 18, 2025, according to a recent SEC filing.
Summary
- On March 18, 2025, Marshall Witt, the Chief Financial Officer of TD SYNNEX CORP, executed a stock option to acquire 1,510 shares of common stock at a price of $45.64.
- Simultaneously, Witt sold 1,510 shares of common stock at $128.08 per share.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 8, 2024.
- Following these transactions, Witt directly owns 49,843 shares of TD SYNNEX CORP common stock.
- Witt also directly owns 1,509 stock options.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects routine insider trading activity under a pre-arranged plan. There's no indication of positive or negative implications for the company's performance.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends. However, it provides transparency into the actions of key executives within TD SYNNEX.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature of the trades mitigates any significant concerns.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 03/18/2025 | Date of stock option exercise and stock sale |
| 03/19/2025 | Date of signature on the SEC filing |
| 10/06/2025 | Expiration date of stock options |
Keywords
TD SYNNEX, SNX, Marshall Witt, CFO, stock options, Rule 10b5-1, SEC Form 4, insider trading, stock sale, stock purchase
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.