Concentrix (CNXC) EVP Cormac Twomey receives 26,724 RSUs in new grant
Rhea-AI Filing Summary
Concentrix Corp. executive Cormac J. Twomey reported a stock-based compensation grant. On January 21, 2026, he acquired 26,724 shares of Common Stock of Concentrix Corp. through an award of restricted stock units under the company’s 2020 Stock Incentive Plan at a stated price of $0 per share. Following this grant, he beneficially owns 61,854 shares of Concentrix Common Stock in direct ownership. The restricted stock units vest in three equal annual installments, with one-third of the shares vesting on each of the first three anniversaries of the grant date, linking the award to continued service over time.
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FAQ
What insider transaction did Concentrix (CNXC) report for Cormac J. Twomey?
Concentrix reported that EVP, Global Ops & Delivery Cormac J. Twomey acquired 26,724 shares of Common Stock on January 21, 2026 through a restricted stock unit award under the 2020 Stock Incentive Plan.
How many Concentrix (CNXC) shares does Cormac J. Twomey own after this Form 4 transaction?
After the reported transaction, Cormac J. Twomey beneficially owns 61,854 shares of Concentrix Common Stock, held in direct ownership.
What are the vesting terms of the restricted stock units granted to the Concentrix (CNXC) executive?
The filing states that the restricted stock units vest as to one-third of the shares on each of the first three anniversaries of the grant date, tying the award to a three-year service period.
Was there a purchase price paid for the Concentrix (CNXC) shares reported in this Form 4?
The transaction lists the acquisition of 26,724 shares of Concentrix Common Stock at a stated price of $0 per share, reflecting that this was a stock-based compensation grant rather than an open-market purchase.
What plan governed the restricted stock unit award reported for Concentrix (CNXC)?
The restricted stock units were awarded under Concentrix’s 2020 Stock Incentive Plan, as described in the footnote to the Form 4.
Is the Concentrix (CNXC) Form 4 transaction by Cormac J. Twomey direct or indirect ownership?
The filing classifies the 61,854 shares beneficially owned after the transaction as Direct (D) ownership, with no indirect ownership entity noted.