Gibson Craig 4
Research Summary
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Concentrix (CNXC) EVP Craig Gibson Withholds 799 Shares for Taxes
What Happened Craig Gibson, Executive Vice President, Global Sales & Account Management at Concentrix (CNXC), had 799 shares withheld at $37.35 each (total value $29,843) on February 1, 2026 to satisfy a tax liability tied to an equity transaction. The filing shows these shares as disposed (code F), indicating the shares were retained by the company or broker to cover taxes rather than sold in the open market. This is a routine tax-withholding event and not an active market sale.
Key Details
- Transaction date: 2026-02-01; price per share: $37.35; total withheld value: $29,843.
- Transaction code: F — payment of exercise price or tax liability by delivery/withholding of shares.
- Filing date: 2026-02-03 (covers the 2026-02-01 transaction); appears timely under Form 4 reporting rules.
- Shares owned after the transaction: not provided in the summary data here — see the full Form 4 for post-transaction holdings and exact disclose fields.
- Note: This is a withholding/net-share settlement to cover taxes, not an open-market sale.
Context Withholdings to cover taxes commonly follow option exercises or vesting of restricted shares and are generally administrative rather than a signal of the insider’s view on the stock. For investors, purchase transactions tend to carry more informational weight than tax-related withholdings. Check the full SEC Form 4 (accession 0001803599-26-000049) for complete holdings and any additional footnotes.