CNXC.NASDAQConcentrix CORP

Form 4: Concentrix CFO Andre S. Valentine Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Concentrix CFO Andre S. Valentine reports the acquisition of 769 shares and the disposal of 269 shares on January 29, 2025.

Summary

  • Andre S. Valentine, the Chief Financial Officer of Concentrix Corp, reported transactions involving the company's common stock.
  • On January 29, 2025, Mr. Valentine acquired 769 shares of common stock at a price of $0, which represents shares issued upon the vesting of restricted stock units.
  • Also on January 29, 2025, Mr. Valentine disposed of 269 shares of common stock at a price of $53.96.
  • Following these transactions, Mr. Valentine beneficially owns 64,731 shares of Concentrix Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company executive, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to stock transactions by a company executive, which is common in publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, ensuring transparency and compliance with SEC regulations.
  • The vesting of restricted stock units is a common form of executive compensation, and the subsequent sale of some shares is also typical.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activity.

Key Dates

DateDescription
01/29/2025Date of stock acquisition and disposal by CFO Andre S. Valentine.
01/31/2025Date of signature of the report by Attorney-in-Fact Andrew A. Farwig.

Keywords

Concentrix, stock transaction, insider trading, CFO, Andre S. Valentine, restricted stock units, CNXC

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