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

Director Richard Hume of TD SYNNEX CORP sold shares of common stock on January 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Richard Hume, a director of TD SYNNEX CORP, executed multiple sales of common stock on January 3, 2025.
• The sales were conducted under a Rule 10b5-1 trading plan adopted on June 28, 2024.
• A total of 19,990 shares were sold at weighted average prices ranging from $116.56 to $118.04.
• Following the transactions, Hume directly owns 111,080 shares of TD SYNNEX CORP common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions.

Industry Context

Insider sales are a common occurrence and are often viewed in the context of overall market conditions and company performance. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on immediate inside information.

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.
• The impact is likely to be minimal due to the relatively small volume of shares sold compared to the company's overall market capitalization.

Key Dates