Form 4: Concentrix Corp Executive Cormac J Twomey Sells 400 Shares
SEC Form 4 Filing
EVP, Global Ops & Delivery of Concentrix Corp, Cormac J Twomey, sold 400 shares of common stock on June 28, 2024, at a price of $63.21 per share, according to a Form 4 filing with the SEC.
Summary
- Cormac J Twomey, an Executive Vice President at Concentrix Corp, sold 400 shares of common stock on June 28, 2024.
- The sale price was $63.21 per share.
- Following the transaction, Twomey directly owns 30,127 shares of Concentrix Corp.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 29, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction appears to be part of a pre-planned trading strategy and doesn't inherently indicate a positive or negative outlook on the company.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/29/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 06/28/2024 | Date of stock sale transaction |
| 07/02/2024 | Date of Form 4 filing |
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