TD SYNNEX insider sale: 3,445 shares via Form 144 valued $504,934
Rhea-AI Filing Summary
TD SYNNEX (SNX) insider notice to sell 3,445 common shares. The Form 144 shows 3,445 shares offered through Morgan Stanley Smith Barney with an aggregate market value of $504,933.65, representing approximately 0.0042% of 82,467,079 outstanding shares. The shares were acquired and paid for on 08/11/2025 by exercise of stock options and the planned sale is listed for the same date.
The filing also records prior 10b5-1 sales by the same person of 1,509 shares on 06/18/2025 that generated $189,148.32 in gross proceeds. The notice includes the standard insider representation that no material nonpublic information is known to the seller.
Positive
- Timely disclosure: Form 144 filed to report proposed sale, meeting regulatory transparency expectations
- Broker-handled execution: Sale listed through a major broker, indicating orderly disposition
- Prior 10b5-1 sales recorded: June 18 sale of 1,509 shares suggests at least some sales were pre-planned
Negative
- Insider selling: The person for whose account the shares are sold has recently exercised options and is disposing of shares, which some investors interpret negatively
- Aggregate value: $504,933.65 sale could attract attention despite being immaterial relative to outstanding shares
Insights
TL;DR: Insider exercised options and plans a small, routine sale of 3,445 SNX shares worth $504,934; size is immaterial to capitalization.
The filing documents a contemporaneous exercise of stock options and a proposed sale of the resulting 3,445 common shares through a broker, valued at $504,933.65. Measured against the stated shares outstanding (82,467,079), the disposal equals roughly 0.0042% of the float, which would not materially affect supply-demand dynamics. A prior 10b5-1 sale of 1,509 shares produced $189,148.32, suggesting at least some structured selling activity. Overall, this appears operational (option exercise) and routine rather than a signal of material company-specific news.
TL;DR: Disclosure aligns with Rule 144 requirements and references prior 10b5-1 activity, indicating compliant, pre-planned insider selling.
The notice includes the required representations about material nonpublic information and records a broker-handled transaction. The presence of a listed 10b5-1 sale in June implies planned disposals rather than opportunistic insider trades. From a governance perspective, timely Form 144 filing and use of a broker are positive compliance indicators. The absolute size of the sale is negligible relative to outstanding shares, so governance risk from this transaction is low.