Twomey Cormac J 4

What Happened
Cormac J. Twomey, EVP, Global Operations & Delivery at Concentrix Corp (CNXC), disposed of 495 shares on 2026-01-27 as payment for tax withholding related to equity compensation. The shares were valued at $41.61 each, totaling approximately $20,597. This was a withholding/tax payment (routine disposition), not an open-market sale.

Key Details

• Transaction date: 2026-01-27; Form 4 filed: 2026-01-29 (timely filing within the standard two-business-day window).
• Shares involved: 495 shares withheld/disposed at $41.61/share — total value ≈ $20,597.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to satisfy tax obligations).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Not an open-market sale: shares were withheld to cover taxes from an equity event (e.g., vesting or option exercise).

Context
Code F transactions typically reflect tax withholding on vesting or option exercises (a cashless mechanism) and are considered routine administrative dispositions rather than a directional bet by the insider. Such withholdings are common and do not necessarily indicate the insider’s view on the company’s stock.