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

Director Richard T. Hume of TD SYNNEX CORP executed multiple sales of common stock on February 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Richard T. Hume, a director of TD SYNNEX CORP, reported the sale of common stock on February 3, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on June 28, 2024.
• A total of 20,000 shares were sold in multiple transactions at prices ranging from $138.935 to $141.505.
• Following the reported transactions, Hume still beneficially owns 85,480 shares of TD SYNNEX CORP common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions under a pre-existing trading plan. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under a 10b5-1 plan are generally viewed as less informative.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although the existence of a 10b5-1 plan mitigates this concern.
• The sale does not directly impact employees, customers, suppliers, or creditors.

Key Dates