Cheng Chih-Kai 4

What Happened

Cheng Chih-Kai, a director of Concentrix Corp (CNXC), received a grant of 7,701 restricted stock units (RSUs) on March 25, 2026. The filing lists an acquisition price of $0.00, reflecting that these are an equity award rather than an open-market purchase; the reported transaction value is $0 in the Form 4.

Key Details

• Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (appears timely).
• Type: Award/Grant (code A) — 7,701 RSUs granted at $0.00.
• Shares owned after transaction: not specified in this Form 4.
• Footnote: The RSUs were awarded under the 2020 Stock Incentive Plan and vest in full on the earlier of (x) the one-year anniversary of the grant or (y) the date of the issuer's 2027 Annual Meeting of Stockholders.
• No sale, purchase for cash, or option exercise reported with this transaction.

Context

RSUs are restricted equity awards that convert into shares only after vesting; they do not represent immediately liquid stock or cash proceeds. Director awards are a common form of compensation intended to align long-term interests with shareholders. This grant does not, by itself, indicate a buying or selling signal until and unless the RSUs vest and shares are sold.