STOCK TITAN

Groupe Bruxelles Lambert (CNXC) affiliates unload 6M Concentrix shares, keep 2.77M

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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 Groupe Bruxelles Lambert, FINPAR VI SA, FINPAR V SA, Sapiens S.a r.l., GBL Verwaltung S.A.
Role null | null | null | null | null
Sold 6,000,000 shs ($133.50M)
Type Security Shares Price Value
Sale Common Stock 6,000,000 $22.25 $133.50M
Holdings After Transaction: Common Stock — 2,773,667 shares (Indirect, See Footnotes)
Footnotes (1)
  1. 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. 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. 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. 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.
Shares sold 6,000,000 shares Open-market sale of Concentrix common stock on April 29, 2026
Sale price $22.25 per share Price for 6,000,000 Concentrix shares sold
Shares owned after sale 2,773,667 shares Indirect Concentrix holdings reported post-transaction
FINPAR VI SA holdings 38,623 shares Concentrix shares held directly by FINPAR VI SA after sale
FINPAR V SA holdings 35,964 shares Concentrix shares held directly by FINPAR V SA after sale
Sapiens S.a r.l. holdings 2,699,080 shares Concentrix shares held directly by Sapiens S.a r.l. after sale
ten percent owner regulatory
"is_ten_percent_owner": 1"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities held by the other Reporting Persons"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
Rule 16a-1(a)(4) regulatory
"pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Groupe Bruxelles Lambert

(Last)(First)(Middle)
C/O GROUPE BRUXELLES LAMBERT
24 AVENUE MARNIX

(Street)
BRUSSELLSBELGIUM1000

(City)(State)(Zip)

BELGIUM

(Country)
2. Issuer Name and Ticker or Trading Symbol
Concentrix Corp [ CNXC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026S6,000,000D$22.252,773,667(1)ISee Footnotes(2)(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Groupe Bruxelles Lambert

(Last)(First)(Middle)
C/O GROUPE BRUXELLES LAMBERT
24 AVENUE MARNIX

(Street)
BRUSSELLSBELGIUM1000

(City)(State)(Zip)

BELGIUM

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
FINPAR VI SA

(Last)(First)(Middle)
C/O GROUPE BRUXELLES LAMBERT
24 AVENUE MARNIX

(Street)
BRUSSELLSBELGIUM1000

(City)(State)(Zip)

BELGIUM

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
FINPAR V SA

(Last)(First)(Middle)
C/O GROUPE BRUXELLES LAMBERT
24 AVENUE MARNIX

(Street)
BRUSSELLSBELGIUM1000

(City)(State)(Zip)

BELGIUM

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Sapiens S.a r.l.

(Last)(First)(Middle)
C/O GROUPE BRUXELLES LAMBERT
24 AVENUE MARNIX

(Street)
BRUSSELLSBELGIUM1000

(City)(State)(Zip)

BELGIUM

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
GBL Verwaltung S.A.

(Last)(First)(Middle)
C/O GROUPE BRUXELLES LAMBERT
24 AVENUE MARNIX

(Street)
BRUSSELLSBELGIUM1000

(City)(State)(Zip)

BELGIUM

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
Groupe Bruxelles Lambert., By: /s/ Priscilla Maters, Name: Priscilla Maters, Title: General Counsel, By: /s/ Xavier Likin, Name: Xavier Likin, Title: Chief Financial Officer05/01/2026
FINPAR VI SA, By: /s/ Priscilla Maters, Name: Priscilla Maters, Title: Director, By: /s/ Xavier Likin, Name: Xavier Likin, Title: Director05/01/2026
FINPAR V SA, By: /s/ Priscilla Maters, Name: Priscilla Maters, Title: Director, By: /s/ Xavier Likin, Name: Xavier Likin, Title: Director05/01/2026
Sapiens S.ar.l., By: /s/ Priscilla Maters, Name: Priscilla Maters, Title: Director, By: /s/ Serge Saussoy, Name: Serge Saussoy, Title: Director05/01/2026
GBL Verwaltung S.A., By: /s/ Priscilla Maters, Name: Priscilla Maters, Title: Director, By: /s/ Serge Saussoy, Name: Serge Saussoy, Title: Director05/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CNXC reporting entities disclose in this Form 4?

The reporting entities disclosed an open‑market sale of 6,000,000 Concentrix (CNXC) common shares at $22.25 per share. This transaction was reported as a non‑derivative sale of common stock executed on April 29, 2026, reducing their reported holdings.

Who are the reporting persons in the Concentrix (CNXC) Form 4 filing?

The Form 4 lists Groupe Bruxelles Lambert, FINPAR VI SA, FINPAR V SA, Sapiens S.a r.l. and GBL Verwaltung S.A. as reporting persons. Footnotes explain that GBL Verwaltung S.A. and Groupe Bruxelles Lambert are parent entities of the share‑holding subsidiaries.

How many Concentrix (CNXC) shares do the reporting entities hold after the sale?

After the 6,000,000‑share sale, the reporting entities collectively report 2,773,667 Concentrix shares held indirectly. Footnotes specify that 38,623 shares are held by FINPAR VI SA, 35,964 by FINPAR V SA and 2,699,080 by Sapiens S.a r.l.

Is the Concentrix (CNXC) insider sale a derivative or stock option transaction?

No, the reported Concentrix (CNXC) transaction is a non‑derivative open‑market sale of common stock. The Form 4 classifies the security as common stock, with no exercise price or expiration date, and the derivativeSummary section is empty in the provided data.

Do the Concentrix (CNXC) reporting persons claim full beneficial ownership of all shares?

The reporting persons disclaim beneficial ownership of securities held by others in the group, except to the extent of their pecuniary interest. They state that including these securities should not be deemed an admission of beneficial ownership under Rule 16a‑1(a)(4).

What is the overall net buy or sell position in this Concentrix (CNXC) Form 4?

The Form 4 shows a net sell position. The transactionSummary reports one sale totaling 6,000,000 shares, with netBuySellShares of -6,000,000 and netBuySellDirection labeled as "net-sell", indicating only selling activity in this filing.