Caldwell Christopher A 4

What Happened
Christopher A. Caldwell, President, CEO and a director of Concentrix (CNXC), disposed of 11,856 shares in two transactions to satisfy tax obligations tied to equity compensation. On Jan 24, 2026 he surrendered 10,105 shares at $43.22/share (value $436,738), and on Jan 26, 2026 he surrendered 1,751 shares at $42.69/share (value $74,750). These were payments of tax liability (transaction code F), i.e., sell-to-cover or withholding—not open-market purchases.

Key Details

• Transaction dates and prices:
  • 2026-01-24: 10,105 shares @ $43.22 = $436,738 (code F)
  • 2026-01-26: 1,751 shares @ $42.69 = $74,750 (code F)
• Total shares disposed: 11,856; total value ≈ $511,488.
• Filing: Form 4 filed with accession 0001803599-26-000024 on 2026-01-27.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote/transaction code: F = payment of exercise price or tax liability (sell-to-cover / withholding).

Context
Sell-to-cover or withholding transactions are common when executives exercise options or when restricted stock vests; some shares are retained by the company/broker to pay taxes. These routine disposals generally reflect tax mechanics rather than a market view by the insider. Purchases or open-market buys are typically more indicative of bullish insider sentiment.