Groupe Bruxelles Lambert (CNXC) affiliates unload 6M Concentrix shares, keep 2.77M
Rhea-AI Filing Summary
Entities associated with Groupe Bruxelles Lambert reported a major sale of Concentrix Corp stock. FINPAR VI SA, FINPAR V SA and Sapiens S.a r.l. reported an open‑market sale of 6,000,000 shares of Concentrix common stock at $22.25 per share on April 29, 2026.
After this transaction, the reporting entities collectively report indirect ownership of 2,773,667 Concentrix shares, with 38,623 shares held by FINPAR VI SA, 35,964 by FINPAR V SA and 2,699,080 by Sapiens S.a r.l.
Positive
- None.
Negative
- None.
Insights
Large Concentrix holder reports 6M-share open-market sale, retaining a smaller remaining stake.
The filing shows reporting entities associated with Groupe Bruxelles Lambert executed an open‑market sale of 6,000,000 Concentrix common shares at $22.25 per share on April 29, 2026. This is a straightforward open‑market disposition, not an option exercise or tax event.
Post‑transaction, they report 2,773,667 shares held indirectly, split among FINPAR VI SA, FINPAR V SA and Sapiens S.a r.l. The sale substantially reduces the position visible in this filing, while still leaving a significant remaining stake. No derivative holdings are reported, and there is no reference to a Rule 10b5‑1 trading plan in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000,000 | $22.25 | $133.50M |
Footnotes (4)
- F1. 38,623 shares are held directly by FINPAR VI SA, 35,964 shares are held directly by FINPAR V SA and 2,699,080 shares are held directly by Sapiens S.ar.l.
- F2. GBL Verwaltung S.A. is the parent company of Sapiens S.a r.l. Groupe Bruxelles Lambert is the parent company of GBL Verwaltung S.A., FINPAR VI SA and of FINPAR V SA.
- F3. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
- F4. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Key Figures
Key Terms
ten percent owner regulatory
beneficial ownership regulatory
pecuniary interest financial
Rule 16a-1(a)(4) regulatory
open-market sale financial
AI-generated analysis. How Rhea-AI works. Not financial advice.