CLO David Vetter sells 20,000 SNX shares at $123.14; stock now at $120.75, down 9.1% from 52-week high.
David Vetter, Chief Legal Officer, sold 20,000 shares (20.0K shares) of TD SYNNEX at $123.14 on 2024-10-18 for a total value of $2,462,800.00 ($2.5M), reducing his holdings from 86,381 shares (86.4K shares) to 66,381 shares (66.4K shares)—a net reduction of 23.2% of his pre-transaction position. The sale occurred near the upper end of SNX's current 52-week range ($90.14–$132.85), and the stock has since declined to $120.75, trading 9.1% below its 52-week high. The transaction occurred in the context of a company experiencing annual revenue decline of 7.7% year-over-year and a modest P/E of 15.07, suggesting a mature, slower-growth business. This filing alone does not provide FLAGS context (such as 10b5-1 plan enrollment), prior track record, or peer activity, making it a routine disposal without visible timing pattern or coordinated strategic signal; investors should monitor whether this reflects broader insider sentiment or capital reallocation.