Form 4: Concentrix CEO Sells Shares for Tax Obligations

Concentrix Corp's President and CEO, Christopher A. Caldwell, disposed of 7,075 shares of common stock to cover tax withholding obligations at a price of $36.52 per share.

Summary

• Christopher A. Caldwell, President and CEO, and a Director of Concentrix Corp (CNXC), reported a transaction involving the company's common stock.
• On December 1, 2025, Caldwell disposed of 7,075 shares of Concentrix common stock.
• The disposition was made at a price of $36.52 per share.
• This transaction was executed to satisfy tax withholding obligations associated with equity compensation.
• Following this transaction, Caldwell beneficially owns 280,586 shares of Concentrix common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction for tax purposes, not indicative of management's view on the company's future prospects or a significant change in ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, pre-scheduled transaction for tax purposes and does not reflect a change in the executive's confidence in the company.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by the CEO for tax withholding purposes, executed under a Rule 10b5-1 plan. Such transactions are common for executives receiving equity compensation and do not typically signal a change in the company's fundamentals or management's outlook. Therefore, it provides no new information to warrant a change from a 'hold' position based solely on this filing.

Keywords

Concentrix Corp, CNXC, Form 4, Insider Transaction, Stock Sale, CEO, Christopher A. Caldwell, Tax Withholding, Rule 10b5-1