Form 4: Concentrix Corp Executive Cormac J Twomey Reports Stock Disposal
SEC Form 4
Cormac J Twomey, EVP at Concentrix Corp, reported disposing of 383 shares of common stock on October 2, 2024, to cover tax obligations.
Summary
- On October 2, 2024, Cormac J Twomey, an Executive Vice President at Concentrix Corp, disposed of 383 shares of Concentrix Corp common stock.
- The transaction was executed at a price of $51.7 per share.
- Following the transaction, Twomey directly owns 27,400 shares of Concentrix Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it's a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock disposal transaction |
| 10/04/2024 | Date of Form 4 filing |
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