Gibson Craig 4

What Happened
Craig Gibson, EVP, Global Sales & Account Management at Concentrix (CNXC), disposed of 1,625 shares on January 24, 2026 to satisfy a tax liability related to equity compensation. The shares were valued at $43.22 each, totaling approximately $70,233. This was a tax-withholding/share surrender (not a market purchase) and is generally a routine administrative transaction rather than a directional bet on the stock.

Key Details

• Transaction date: 2026-01-24; Filing date (Form 4): 2026-01-27 (no late-filing flag indicated in the provided filing).
• Price per share: $43.22; Shares disposed: 1,625; Total value: ~$70,233.
• Transaction code: F — payment of exercise price or tax liability by delivery/surrender of shares (share withholding for taxes).
• Shares owned after the transaction: Not specified in the excerpt provided.
• Footnote: This was a tax-withholding action tied to equity compensation, not an open-market sale for investment purposes.

Context
Code F transactions commonly occur when executives exercise options or when restricted stock units vest and a portion of the shares are withheld/surrendered to cover tax obligations. Such transactions are routine administrative actions and do not necessarily signal insider sentiment about the company’s stock.