Form 4: Concentrix Corp Executive Craig Gibson Reports Stock Disposal
SEC Form 4 Filing
EVP Craig Gibson disposed of 1,403 shares of Concentrix Corp common stock to cover tax obligations.
Summary
- On October 27, 2024, Craig Gibson, EVP at Concentrix Corp, disposed of 1,403 shares of common stock.
- The transaction was executed at a price of $44.52 per share.
- Following the transaction, Gibson directly owns 32,837 shares of Concentrix Corp.
- The transaction was reported on October 29, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction. The disposal of shares to cover tax obligations is a common practice and doesn't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Key Dates
| Date | Description |
|---|---|
| 10/27/2024 | Date of stock disposal transaction |
| 10/29/2024 | Date of Form 4 filing |
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