[144] Concentrix Corporation SEC Filing
Rhea-AI Filing Summary
Form 144 notice shows a proposed insider sale of 500 common shares scheduled for 08/29/2025 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $25,125. The shares were originally acquired as restricted stock on 06/01/2021 from the issuer. The filing reports total shares outstanding of 63,025,120, and lists three recent sales by the same seller of 500 shares each on 05/30/2025, 06/30/2025 and 07/30/2025 with gross proceeds shown. The seller is named as Cormac Twomey with an address provided. The filing includes the standard representation that the seller is unaware of undisclosed material adverse information.
Note: The issuer name and SEC file number are not provided in the supplied content.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider plans a small Rule 144 sale of 500 shares; recent repeated small sales indicate routine liquidity, not a material corporate event.
The filing documents a planned sale of 500 common shares valued at $25,125 and confirms acquisition as restricted stock dated 06/01/2021. Reported outstanding shares (63,025,120) show the sale is immaterial relative to the float. The presence of three recent monthly 500-share sales suggests ongoing orderly dispositions rather than a single large exit. Absence of the issuer name in the provided text limits cross-checking with company-level metrics, restricting further impact assessment.
TL;DR Filing appears procedurally compliant but incomplete in the provided extract; missing issuer identifiers reduce transparency for investors.
The Form 144 shows use of a broker (Morgan Stanley Smith Barney) and lists the seller and prior sales, which aligns with Rule 144 disclosure practices. However, the omitted issuer name and SEC file number in this excerpt hinder verification of insider status and whether sales are consistent with company trading policies. The seller's certification about lack of material nonpublic information is included, preserving the required attestation element.