Director linked trust buys 50,000 Conduent (CNDT) shares at $1.453
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conduent Inc director Margarita Palau Hernandez, through the Hernandez Family Trust of 1993, bought 50,000 shares of Conduent common stock in an open-market purchase at a weighted average price of $1.453 per share. Following this transaction, indirect holdings are 50,000 shares and direct holdings are 402,996 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares ($72,650)
Net Buy
2 txns
Insider
Palau Hernandez Margarita
Role
Director
Bought
50,000 shs ($73K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $1.453 | $73K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,000 shares (Indirect, Hernandez Family Trust of 1993);
Common Stock — 402,996 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Conduent (CNDT) report in this Form 4?
Conduent reported an insider purchase of 50,000 common shares. The shares were bought in the open market at a weighted average price of $1.453 per share by the Hernandez Family Trust of 1993, linked to director Margarita Palau Hernandez.
Was this Conduent (CNDT) insider transaction a purchase or a sale?
This insider transaction was a purchase of Conduent common stock. The Hernandez Family Trust of 1993 acquired 50,000 shares in an open-market transaction, and there were no reported sales of shares by the reporting person in this Form 4.