[Form 4] Concentrix Corporation Insider Trading Activity
Rhea-AI Filing Summary
Concentrix Corp (CNXC) reporting person Cormac J. Twomey, EVP Global Ops & Delivery, reported a sale of 500 shares of Common Stock on 08/29/2025 at a price of $50.25 per share. After the sale, the reporting person beneficially owned 36,630 shares. The filing states the sale was executed pursuant to a Rule 10b5-1 trading plan established on January 28, 2025.
The Form 4 is signed by an attorney-in-fact and indicates this was a planned disposition rather than an ad hoc trade. No derivative transactions or other changes in holdings are reported.
Positive
- Sale executed under a Rule 10b5-1 trading plan, providing documented pre-approval and affirmative defense
- Complete disclosure of transaction details including price, date, and post-transaction holdings
Negative
- Insider disposed of 500 shares, reducing direct holdings to 36,630 shares
Insights
TL;DR Insider sold a small number of shares under a pre-established Rule 10b5-1 plan; holdings remain substantial at 36,630 shares.
The transaction appears routine: 500 shares were disposed of at $50.25 under a 10b5-1 plan, which provides an affirmative defense against insider trading claims by documenting prearranged sales. The residual holding of 36,630 shares indicates continued ownership and alignment with company performance, while the transaction size is small relative to typical insider holdings and unlikely to be material to the company or market.
TL;DR Governance disclosure is clear: sale executed under an established 10b5-1 plan and properly reported on Form 4.
The filing discloses the required elements: reporting person identity, relationship to issuer, transaction date, number of shares sold, price, post-transaction ownership, and an explanation that the sale was pursuant to a Rule 10b5-1 plan dated January 28, 2025. The attorney-in-fact signature is provided, meeting execution formalities. There are no red flags such as unexplained large disposals or concurrent derivative activity.