Council LaVerne H 4
4 · Concentrix Corp · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Concentrix (CNXC) Director LaVerne H. Council Receives RSU Award
What Happened LaVerne H. Council, a director of Concentrix Corp (CNXC), was awarded 7,701 restricted stock units (RSUs) on March 25, 2026. The Form 4 lists the acquisition as code A (award/grant) at $0.00 per share (total reported cash value $0), and the award was reported on March 27, 2026. This transaction is a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (timely filing).
- Security: Restricted stock units (RSUs) under the 2020 Stock Incentive Plan; 7,701 RSUs granted.
- Reported price/cash outlay: $0.00 per share (award), total cash value reported as $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: RSUs vest in full on the earlier of (x) the one‑year anniversary of the grant or (y) the date of Concentrix’s 2027 Annual Meeting of Stockholders.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context RSU grants are a form of equity compensation and do not necessarily signal insider buying or selling intent; they convert to common shares only upon vesting. Because this was an award (not a sale), it reflects compensation for service rather than a direct investment decision by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-25+7,701→ 17,704 total
Footnotes (1)
- [F1]Represents shares of restricted stock units awarded under the 2020 Stock Incentive Plan. The restricted stock units vest in full on the earlier of (x) the one-year anniversary of the date of grant and (y) the date of the Issuer's 2027 Annual Meeting of Stockholders.