TD SYNNEX CORP (NYSE: SNX) CFO sells 861 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
TD SYNNEX CORP Chief Financial Officer Witt Marshall reported an option exercise and related share sale. On September 17, 2025, he exercised 861 Employee Stock Options at $57.34 per share to acquire 861 common shares, then sold 861 common shares at $149.84 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on May 12, 2025. After these transactions, he holds 49,777 common shares directly and retains 7,749 stock options expiring October 4, 2026.
Positive
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Negative
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Insights
TL;DR: Routine option exercise and simultaneous sale under a pre-established 10b5-1 plan; no new compensation or material dilution disclosed.
The filing shows a typical insider liquidity event: an exercise of 861 option shares at $57.34 and an immediate sale of 861 shares at $149.84 executed under a Rule 10b5-1 plan. The option pool position remaining is 7,749 option shares with specified vesting terms. These actions appear mechanical—converting option value to cash—rather than signaling a change in company fundamentals. No information about company-wide share counts or material impact on capitalization is provided in the form.
TL;DR: Transactions follow governance best practices by using a documented 10b5-1 plan; timing and disclosures are consistent with compliance.
The reporting person used a Rule 10b5-1 plan adopted on May 12, 2025, to execute a matched exercise and sale on 09/17/2025, which supports compliance with insider trading rules. Vesting details for the employee stock option are disclosed: 20% vests on the first anniversary of grant and then 1/60th monthly. The form is properly signed by an attorney-in-fact. There are no disclosures here of unusual governance events or deviations from standard disclosure practice.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 861 | $0.00 | $0.00 |
| Exercise | Common Stock | 861 | $57.34 | $49K |
| Sale | Common Stock | 861 | $149.84 | $129K |
Footnotes (2)
- F1. These sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
- F2. This stock option vests as to 20% of the shares on the first anniversary of the date of grant and vests as to 1/60th of the shares monthly thereafter.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Employee Stock Option (Right to Buy) financial
derivative security financial
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