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Conduent (NASDAQ: CNDT) director gets 20,353 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
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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 many Conduent (CNDT) shares does Letier A. Scott hold after the reported award?

After the award, Letier A. Scott holds 737,298 shares of Conduent common stock directly. This total includes the newly granted 20,353 Deferred Stock Units, each representing the right to receive one share upon separation of service as a director.

What are the key terms of the 20,353-share award reported for Conduent (CNDT)?

The award covers 20,353 Deferred Stock Units at a reference value of $1.56 per share. Each unit represents the right to receive one share of Conduent common stock, with settlement occurring upon the director’s separation from board service.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Letier A. Scott

(Last)(First)(Middle)
100 CAMPUS DRIVE
SUITE 200E

(Street)
FLORHAM PARK NEW JERSEY 07932

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CONDUENT Inc [ CNDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/15/2026A20,353(1)A$1.56737,298D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Deferred Stock Units that represent the right to receive one share of common stock upon separation of service as a director.
Remarks:
/s/Michael Krawitz, attorney-in-fact07/16/2025
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)