Gibson Craig 4
Research Summary
AI-generated summary
Concentrix (CNXC) EVP Craig Gibson Receives 15,015 RSUs
What Happened
- Craig Gibson, EVP, Global Sales & Account Management at Concentrix (CNXC), received a grant of 15,015 restricted stock units (RSUs) on 2026-01-21. The reported acquisition price was $0.00 (award/grant, transaction code A), so no cash was paid.
Key Details
- Transaction date: 2026-01-21 (reported on Form 4 filed 2026-01-23).
- Award: 15,015 RSUs; acquisition price: $0.00.
- Shares owned after the transaction: not specified in the filing.
- Footnote: RSUs awarded under the 2020 Stock Incentive Plan vest one-third on each of the first three anniversaries of the grant date (per footnote F1).
- Filing timeliness: filed within two days of the transaction date (no late filing indicated).
Context
- RSU grants are compensation awards, not open-market purchases or sales. They represent a future right to receive shares if vesting conditions are met and do not reflect an immediate cash investment or sale by the insider.
- Such awards are commonly used for retention and long-term incentives; they don’t by themselves signal a near-term buy/sell action.