Conduent (NASDAQ: CNDT) director gets 20,353 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONDUENT Inc director Letier A. Scott received a compensation-related award of 20,353 shares of common stock on July 15, 2026, valued at $1.56 per share. The award consists of Deferred Stock Units that convert into common stock upon separation of service, bringing Scott's direct holdings to 737,298 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Letier A. Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,353 | $1.56 | $32K |
Holdings After Transaction:
Common Stock — 737,298 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 20,353 shares
Grant value per share: $1.56 per share
Shares held after transaction: 737,298 shares
3 metrics
Shares granted
20,353 shares
Deferred Stock Units awarded to director Letier A. Scott on July 15, 2026
Grant value per share
$1.56 per share
Reference value for the 20,353-share Deferred Stock Unit award
Shares held after transaction
737,298 shares
Director Letier A. Scott’s direct Conduent common stock holdings after the award
Key Terms
Deferred Stock Units
1 terms
Deferred Stock Units financial
"Deferred Stock Units that represent the right to receive one share of common stock"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
FAQ
What insider transaction did Conduent (CNDT) director Letier A. Scott report?
Letier A. Scott reported receiving 20,353 Conduent common shares as a compensation-related award. These are Deferred Stock Units that will convert into one share of common stock each upon separation of service as a director, increasing Scott’s direct holdings to 737,298 shares.
Is the Conduent (CNDT) Form 4 transaction a market purchase or a grant?
The transaction is a grant/award acquisition, not an open-market purchase. Code A indicates a grant, and the footnote explains these are Deferred Stock Units awarded as director compensation rather than shares bought in the market.
How should investors interpret this Conduent (CNDT) director stock grant?
The reported transaction reflects routine director compensation in the form of Deferred Stock Units. It increases Letier A. Scott’s equity exposure to Conduent but does not involve buying or selling shares in the open market.