Form 4: Concentrix Corp Director Kathryn V Marinello Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Kathryn V Marinello reports acquisition and disposal of Concentrix Corp stock, including restricted stock units, in a recent SEC filing.
Summary
- Kathryn V Marinello, a director of Concentrix Corp, filed a Form 4 with the SEC detailing changes in her beneficial ownership of the company's stock.
- On March 21, 2024, Marinello acquired 2,780 shares of common stock at $0 and disposed of 6,130 shares.
- Following these transactions, Marinello beneficially owns 6,130 shares of Concentrix Corp.
- The filing also mentions restricted stock units awarded 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 routine SEC filing reporting stock transactions by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report their transactions in company stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock acquisition and disposal transactions. |
| 03/22/2024 | Date of signature for the report. |
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