Form 4: Concentrix Corp Director Dennis Polk Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Director Dennis Polk disposed of 712 shares of Concentrix Corp stock on October 2, 2024, to cover tax obligations.
Summary
- On October 2, 2024, Dennis Polk, a director of Concentrix Corp, disposed of 712 shares of common stock.
- The transaction was executed to satisfy tax obligations.
- The price per share was $51.7.
- Following the transaction, Polk directly owns 17,350 shares of Concentrix Corp.
- The transaction was reported on Form 4, filed with the SEC on October 4, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a transaction related to tax obligations, which is a normal occurrence.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of transaction: Dennis Polk disposed of shares. |
| 10/04/2024 | Date of Form 4 filing with the SEC. |
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