Fogarty Jane 4
Research Summary
AI-generated summary
Concentrix (CNXC) EVP Legal Jane Fogarty Sells Shares (Tax Withholding)
What Happened
- Jane Fogarty, Executive Vice President, Legal at Concentrix (CNXC), disposed of a total of 1,424 shares as payment for tax obligations related to equity awards. The filings show 1,319 shares sold/withheld at $43.22 for $57,007 on 2026-01-24 and 105 shares at $42.69 for $4,482 on 2026-01-26, totaling $61,489. These are disposals to satisfy tax liability rather than open-market purchases.
Key Details
- Transaction dates and prices:
- 2026-01-24: 1,319 shares @ $43.22 = $57,007 (Disposition / tax withholding)
- 2026-01-26: 105 shares @ $42.69 = $4,482 (Disposition / tax withholding)
- Total shares disposed: 1,424; total proceeds: ~$61,489.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-01-27 covering the Jan transactions; no late-filing flag or 10b5-1 plan noted in the provided data.
Context
- Code F transactions typically reflect shares withheld or sold to cover taxes from option exercises or RSU vesting (a common, routine administrative step). Such disposals usually do not signal a change in the insider’s view of the company’s prospects.