Form 4: Concentrix Corp CFO Andre S. Valentine Reports Stock Disposal
SEC Form 4 Filing
Andre S. Valentine, CFO of Concentrix Corp, disposed of 242 shares of common stock on October 2, 2024, to cover tax obligations.
Summary
- On October 2, 2024, Andre S. Valentine, the Chief Financial Officer of Concentrix Corp, disposed of 242 shares of common stock.
- The transaction was executed at a price of $51.7 per share.
- Following the transaction, Valentine directly owns 47,433 shares of Concentrix Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice among corporate executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock disposal transaction |
| 10/04/2024 | Date of signature for the Form 4 filing |
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