Form 4: TD SYNNEX CORP Director Sells Shares Under 10b5-1 Trading Plan

Sentiment:

SEC Form 4 Filing


Merline Saintil, a director of TD SYNNEX CORP, sold 117 shares of common stock at a price of $132.96 on March 4, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

  • On March 4, 2025, Merline Saintil, a director of TD SYNNEX CORP [SNX], sold 117 shares of common stock.
  • The transaction was executed at a price of $132.96 per share.
  • The sale was conducted under a Rule 10b5-1 trading plan adopted on May 1, 2024.
  • Following the transaction, Saintil directly owns 5,631 shares of TD SYNNEX CORP.
  • The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Future Outlook

The filing does not contain any forward-looking statements.

Industry Context

Sales by company directors are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices, avoiding accusations of insider trading.

Stakeholder Impact

  • The sale of shares by a director could have a minor negative impact on shareholder sentiment, but the effect is likely to be minimal given the small number of shares sold and the use of a 10b5-1 trading plan.

Key Dates

DateDescription
2024-05-01Date the reporting person adopted the Rule 10b5-1 trading plan
2025-03-04Date of the transaction (stock sale)
2025-03-05Date of signature on the Form 4 filing

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.