Cormac J. Twomey - Jan 29, 2025 Form 4 Insider Report for Concentrix Corp (CNXC)

Signature
/s/ Andrew A. Farwig, Attorney-in-Fact
Stock symbol
CNXC
Transactions as of
Jan 29, 2025
Transactions value $
-$49,816
Form type
4
Date filed
1/31/2025, 04:08 PM
Previous filing
Jan 28, 2025
Next filing
Feb 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXC Common Stock Sale -$27.8K -500 -1.2% $55.60 41.1K Jan 29, 2025 Direct F1
transaction CNXC Common Stock Award $0 +866 +2.11% $0.00 42K Jan 29, 2025 Direct F2
transaction CNXC Common Stock Tax liability -$22K -408 -0.97% $53.96 41.6K Jan 29, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 29, 2024.
F2 Represents shares issued upon the vesting of restricted stock units awarded under the 2020 Stock Incentive Plan on January 26, 2022 subject to the satisfaction of performance metrics measured over a three-year period ending November 30, 2024.