Form 4: Concentrix EVP Sells Shares for Tax Obligations

Concentrix Corp's EVP, Legal, Jane Fogarty, disposed of 126 shares of common stock at $48.26 per share to cover tax withholding obligations.

Summary

• Jane Fogarty, Executive Vice President, Legal of Concentrix Corp (CNXC), reported a transaction involving company common stock.
• On October 5, 2025, Fogarty disposed of 126 shares of Concentrix common stock.
• The shares were disposed of at a price of $48.26 per share.
• This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Fogarty beneficially owns 19,131 shares of Concentrix common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment. It reflects standard executive compensation practices and does not indicate any significant positive or negative developments for the company.

Positives

• The transaction is a routine disposition to cover tax withholding, indicating the vesting of equity compensation for an executive.
• The executive continues to hold a significant number of shares (19,131), aligning her interests with shareholders.

Negatives

• A reduction in direct beneficial ownership, albeit for tax purposes.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This routine insider transaction for tax purposes does not provide specific insights into broader industry trends or competitive landscape. It reflects standard executive compensation practices involving equity awards.

Comparison to Industry Standards

• This filing is a standard Form 4 for tax withholding, a common practice for executives receiving equity compensation across all industries. No specific comparable companies or projects are relevant for this type of routine disclosure.

Related Party Transactions

• This filing reports an insider transaction (disposition of shares by an executive to the issuer for tax purposes), which is a type of related party dealing.

Stakeholder Impact

• Shareholders: Minimal direct impact. This is a routine transaction for tax purposes and does not reflect a change in the executive's long-term commitment or a significant divestment.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

Concentrix Corp, CNXC, Form 4, insider transaction, share disposition, tax withholding, Jane Fogarty, executive compensation, Rule 10b5-1