Fogarty Jane 4

What Happened Jane Fogarty, Executive Vice President, Legal at Concentrix (CNXC), had 168 shares withheld to satisfy a tax liability related to equity (payment of exercise price/tax withholding). The shares were recorded at $41.61 each, totaling approximately $6,990. This transaction reflects tax withholding on equity (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-01-27; Price per share: $41.61; Total value: ~$6,990.
• Transaction type: Code F — payment of exercise price or tax liability; shares marked as "Disposed" (withheld to cover taxes).
• Shares owned after transaction: not specified in the provided filing.
• Filing date: 2026-01-29 (appears timely based on the reported transaction date; no late-filing flag noted in the provided information).

Context

• Code F transactions are common when executives exercise options or when restricted stock vests and shares are withheld to cover taxes; this is administrative and does not necessarily indicate a change in the insider’s market view.
• Unlike an open-market sale, withheld shares are typically not sold on the market for cash proceeds to the insider; they are used to satisfy tax obligations.