Form 4: Concentrix EVP Reports Future Stock Disposition for Tax

Concentrix EVP Craig Gibson reported a planned disposition of 1,403 common shares at $46.04 on October 27, 2025, for tax withholding purposes, retaining 41,008 shares.

Summary

• Craig Gibson, Executive Vice President of Global Sales and Account Management at Concentrix Corp (CNXC), reported a transaction.
• The transaction involves the disposition of 1,403 shares of Concentrix Common Stock.
• The disposition is scheduled for October 27, 2025, at a price of $46.04 per share.
• This transaction is coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this reported transaction, Craig Gibson will beneficially own 41,008 shares of Concentrix Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a routine disposition for tax withholding, which is a neutral event for the company's operational or financial performance. It reflects a standard part of executive compensation.

Positives

• The disposition for tax withholding implies an underlying equity award (e.g., RSU vesting) was granted or vested, which is generally a positive for executive compensation and retention.

Future Outlook

The filing reports a planned future transaction for tax withholding purposes, indicating a scheduled event related to executive compensation.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across publicly traded companies and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders may note the executive's planned disposition for tax purposes, which is a common occurrence and generally has minimal impact on overall shareholder value or company strategy.

Key Dates

Recommendation

This Form 4 reports a routine, planned disposition of shares for tax withholding purposes by an executive. Such transactions are common and typically do not provide new material information about the company's fundamental performance, strategic direction, or financial health. Therefore, it does not warrant a change in investment recommendation, suggesting a 'hold' position is appropriate based solely on this filing.

Keywords

Concentrix, CNXC, Form 4, Insider Transaction, Stock Disposition, Executive Compensation, Tax Withholding, Craig Gibson, Rule 10b5-1