Concentrix (CNXC) EVP Jane Fogarty Receives Award; 79 Shares Withheld

What Happened
Jane Fogarty, Executive Vice President, Legal at Concentrix (CNXC), received 220 shares upon the vesting of restricted stock units on January 28, 2026. To cover tax withholding related to the vesting, 79 of those shares were surrendered at a per-share value of $36.32, totaling $2,869. Net shares retained from the vesting were 141 (220 issued minus 79 withheld).

Key Details

• Transaction date: 2026-01-28 (reported on Form 4 filed 2026-01-30).
• Award: 220 shares issued (Code A) at $0.00 acquisition price (typical for vested RSUs).
• Tax withholding: 79 shares withheld (Code F) at $36.32/share for $2,869.
• Net shares retained: 141 shares (220 − 79). Based on the $36.32/share figure used for withholding, those 141 shares are roughly worth $5,121.
• Footnote: These shares represent RSUs granted under the 2020 Stock Incentive Plan on Jan 27, 2023, that vested after meeting performance metrics measured through Nov 30, 2025 (per filing).
• Filing timeliness: Form 4 was filed two days after the transaction date (appears timely under standard two-business-day reporting rules).
• Shares owned after the transaction: Not disclosed in the filing.

Context
This was a routine RSU vesting event, not an open-market sale. The withheld 79 shares were used solely to satisfy tax obligations associated with the vesting (tax withholding code F), which is common practice and does not necessarily indicate a change in the insider's view of the company.