TD Synnex CEO Hume Richard T Buys Nearly 13,000 Shares on a Plan‑Driven Trade, Reinforcing Management’s Confidence in Up‑Trend Growth.

Insider Activity Spotlight: TD Synnex Corp.

The latest Form 4 from Hume Richard T shows a 12,991‑share purchase at $107.32 on 2026‑01‑28, part of a Rule 10b5‑1 plan dated July 14 2025. This buying spree comes against a backdrop of a 3.55 % weekly gain and a 5.62 % monthly rise, as the stock trades near a 52‑week high of $167.76. While the transaction itself is small relative to the company’s $12.27 billion market cap, the timing is notable: the share price is 10 % below its 52‑week high, a window that often signals a buying opportunity for long‑term holders.

What the Trade Means for Investors

Hume’s purchase is one of several that have surfaced over the last few months. In late 2025, he sold large blocks of shares (e.g., 3,213 shares at $155.64 on 2025‑10‑16) and executed several sales via the same 10b5‑1 plan, suggesting a disciplined, plan‑driven approach rather than opportunistic market timing. Investors can therefore view the 12,991‑share purchase as a reaffirmation of confidence in TD Synnex’s growth trajectory, rather than a speculative bet. The company’s recent strategic moves—adding Optoma products to its Maverick portfolio and appointing a new president at Hyve Solutions—signal continued expansion into high‑margin tech ecosystems. The insider activity, coupled with the positive quarterly momentum, supports a bullish case for the stock’s near‑term upside while maintaining a conservative risk profile.

Hume Richard T: A Profile in Consistency

Hume’s trading history reflects a steady, plan‑based strategy. From December 2025 to January 2026, he has executed over 80 k shares in 10b5‑1 transactions, alternating between sales and purchases at prices ranging from $150 to $160. His net position has slipped from 64,302 shares on 2025‑10‑16 to 47,515 shares by 2026‑01‑28, indicating a gradual divestment schedule aligned with the plan’s expiration dates. The pattern is typical of a senior executive who balances liquidity needs with long‑term equity exposure, and it aligns with the company’s overall insider selling trend—executives have sold roughly 1 % of their holdings in the past quarter, a level that is common in the technology distribution sector.

Broader Insider Context

Other senior insiders—Thompson Reyna, Jordan Gregory, and Vetter—have also sold shares in the past month, but at lower prices (mid‑$146 to low‑$160). The combined volume of insider sales is modest relative to the 6.3 billion shares outstanding, yet it signals that top management is taking a measured approach to liquidity. The absence of any large, off‑plan transactions suggests that the insiders do not view the current price as overly discounted, which is a reassuring sign for long‑term investors.

Bottom Line for the Trading Desk

The current 10b5‑1 buy by Hume Richard T, coupled with a broader pattern of disciplined insider selling, paints a picture of a company whose leadership remains confident in its strategic direction. The stock’s positive momentum, solid fundamentals (P/E 15.27, robust FY 2025 guidance), and ongoing product expansion position TD Synnex well for continued growth. For investors, the insider activity confirms that management’s expectations are aligned with the market, and it may serve as a subtle cue to add or hold positions in a stock that is already trending upward.