HUME RICHARD T sold $1.4M of SNX
HUME RICHARD T sold 5,000 shares of TD SYNNEX CORP (SNX) at an average of $280.38 ($272.75–$285.26, $1.40M total) across 11 trades on 2026-06-02 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale may prompt short‑term traders to watch SNX for possible price dip.
Market read
Primary insider sale news with modest materiality; limited trading relevance.
What to watch
The director retains a sizable stake, suggesting continued confidence.
Background
SEC Form 4 filing discloses insider transactions; this is the first public report of the sale.
Ticker impact
Director Richard Hume sold $1.4M of SNX shares via a 10b5‑1 plan, reducing his stake to 23,537 shares.
potential slight downward pressure as market absorbs the director's sale
A $1.4M open‑market sale by a director signals possible concerns, but the amount is modest relative to the company's market cap.
Market effects
Minimal impact on the broader technology distribution sector.
Limited to U.S. investors tracking SNX.
None
Counterpoint
The sale could be routine under a pre‑arranged plan and not indicate negative fundamentals.
Key entities
- CompanyTD SYNNEX Corp
Issuer of the shares sold.
- InsiderRichard Hume
Director of TD SYNNEX who executed the sale.


