HUME RICHARD T 4
Research Summary
AI-generated summary
TD SYNNEX (SNX) Director Richard Hume Exercises Options, Sells 492 Shares
What Happened
- Richard T. Hume, a director of TD SYNNEX Corp. (SNX), exercised 492 stock options (fully vested) on 2026-01-30 at an exercise price of $107.32 per share (total exercise cost $52,801) and immediately sold the 492 shares in the open market for a weighted average price of $160.41 per share (gross proceeds $78,922). The net proceeds from the sale were roughly $26,121 before taxes and fees. The transactions were executed under a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-01-30; Form 4 filed: 2026-02-02.
- Exercise: 492 shares @ $107.32 (total $52,801) — transaction code M (option exercise).
- Sale: 492 shares @ weighted avg $160.41 (total $78,922) — transaction code S.
- Weighted average sale price ranged from $160.035 to $160.805 (reporting person can provide breakdown on request).
- Option status: fully vested (footnote F3).
- Plan: trades were effected pursuant to a 10b5-1 plan adopted July 14, 2025 (footnote F1).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- No late-filing flag noted in the provided details.
Context
- This is a classic exercise-and-sell (cashless exercise) sequence: the director exercised vested options and sold the resulting shares, a common way to cover exercise costs and taxes. Transactions were pre-planned under a 10b5-1 plan, which can indicate the timing was set in advance rather than based on immediate insider insight.