Conduent director buys 50,000 shares in open market
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.
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
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)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.445 to $1.460, inclusive. The reporting person undertakes to provide to Conduent Incorporated (the Company), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.