Form 4: Concentrix Corp Executive Cormac J. Twomey Sells 500 Shares
SEC Form 4 Filing
EVP Cormac J. Twomey of Concentrix Corp sold 500 shares of common stock at a price of $55.31 per share on March 31, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 31, 2025, Cormac J. Twomey, an EVP at Concentrix Corp, sold 500 shares of common stock.
- The sale was executed at a price of $55.31 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on January 29, 2024.
- Following the transaction, Twomey directly owns 39,130 shares of Concentrix Corp.
- The transaction was reported on April 2, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
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. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices to avoid accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| January 29, 2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| March 31, 2025 | Date of the stock sale transaction |
| April 02, 2025 | Date of Form 4 filing |
Keywords
Concentrix Corp, Cormac J. Twomey, stock sale, Form 4, Rule 10b5-1, executive, CNXC, shares
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