Form 4: Concentrix Corp CEO Caldwell Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Concentrix Corp's CEO, Christopher A. Caldwell, disposed of 362 shares of common stock on October 7, 2024, to cover tax obligations.
Summary
- On October 7, 2024, Christopher A. Caldwell, the President and CEO of Concentrix Corp, disposed of 362 shares of common stock.
- The transaction was executed at a price of $51.62 per share.
- This disposal was to cover tax obligations.
- Following the transaction, Caldwell directly owns 241,479 shares of Concentrix Corp.
Sentiment
Score: 5
Explanation: This is a routine transaction (selling shares to cover taxes) and doesn't necessarily indicate positive or negative sentiment about the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of the transaction where Christopher A. Caldwell disposed of 362 shares of Concentrix Corp common stock. |
| 10/09/2024 | Date of signature for the Form 4 filing. |
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