Conduent (CNDT) EVP reports stock award vesting and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conduent Inc. executive Michael E. Krawitz, EVP, GC & Secretary, reported several stock transactions dated February 10, 2026 related to performance-based equity awards. The filing shows a disposition of 25,416 common shares tied to partial forfeiture of performance restricted stock units with a 50% payout.
Additional transactions reflect 12,112 and 10,737 shares withheld to cover taxes on vested performance restricted stock units and an acquisition of 22,531 common shares issued upon vesting of revenue growth-based awards with an approximate 22% payout. After these transactions, Krawitz directly held 1,067,002 Conduent common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
KRAWITZ MICHAEL E
Role
EVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 25,416 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,112 | $1.43 | $17K |
| Grant/Award | Common Stock | 22,531 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,737 | $1.43 | $15K |
Holdings After Transaction:
Common Stock — 1,067,320 shares (Direct)
Footnotes (1)
- This represents the partial forfeiture of performance restricted stock units granted on April 1, 2023 that were subject to vesting based upon a pre-established total shareholder return performance condition for the period of April 1, 2023 through December 31, 2025. Such performance restricted stock units vested on December 31, 2025, with a payout percentage of 50%, which was certified by Conduent Incorporated's Compensation Committee on February 10, 2026. Shares withheld to pay for taxes on Performance Restricted Stock Units that have vested. This represents the number of shares of common stock issued upon the vesting of certain performance restricted stock units granted to the reporting person on April 1, 2023 that were subject to vesting based upon a pre-established revenue growth performance condition for the period of January 1, 2023 through December 31, 2025. Such performance restricted stock units vested on December 31, 2025, with a payout percentage of approximately 22%, which was certified by Conduent Incorporated's Compensation Committee on February 10, 2026.
FAQ
What insider activity did Conduent (CNDT) report for Michael Krawitz?
Conduent reported that EVP, GC & Secretary Michael E. Krawitz recorded multiple stock transactions on February 10, 2026, including forfeiture of performance units, tax-withholding share dispositions, and new shares issued upon vesting of performance-based awards certified by the company’s Compensation Committee.
What performance conditions were tied to Conduent (CNDT) stock awards in this filing?
The filing describes awards tied to total shareholder return from April 1, 2023 through December 31, 2025, and separate awards tied to revenue growth from January 1, 2023 through December 31, 2025. Payout percentages were 50% and approximately 22%, respectively, upon Committee certification.
Are the reported Conduent (CNDT) transactions open-market buys or sells?
The transactions are primarily equity award-related, not open-market trades. They include disposition from forfeited performance units, shares withheld for tax payments, and shares acquired through vesting of performance restricted stock units, all connected to Conduent’s long-term incentive compensation programs.