CNXC.NASDAQConcentrix CORP

Form 4: Concentrix Corp Director Jennifer Deason Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Jennifer Deason reports acquisition and disposal of Concentrix Corp stock and restricted stock units.

Summary

  • On March 21, 2024, Jennifer Deason, a director of Concentrix Corp, reported changes in beneficial ownership of the company's stock.
  • Deason acquired 2,780 shares of common stock at $0.
  • Deason disposed of 6,130 shares of common stock.
  • Following these transactions, Deason directly owns 6,130 shares of Concentrix Corp.
  • Deason was also awarded restricted stock units under the 2020 Stock Incentive Plan, which vest on the earlier of the one-year anniversary of the grant date or the date of the Issuer's 2025 Annual Meeting of Stockholders.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.

Future Outlook

The restricted stock units vest in full on the earlier of (x) the one-year anniversary of the date of grant and (y) the date of the Issuer's 2025 Annual Meeting of Stockholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates

DateDescription
03/21/2024Date of transaction: acquisition and disposal of common stock and award of restricted stock units.
03/22/2024Date of signature for the report.

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