Conduent (CNDT) director receives 63,698 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Demuyakor Adam reported acquisition or exercise transactions in this Form 4 filing.
Conduent Inc. director Adam Demuyakor received an equity award of 63,698 deferred stock units of common stock. The units were valued at $1.74 per share on the grant date. Each deferred stock unit represents the right to receive one share of Conduent common stock on the earlier of one year after the grant date or the end of his board service. Following this grant, Demuyakor holds 63,698 shares directly, reflecting a compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Demuyakor Adam
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 63,698 | $1.74 | $111K |
Holdings After Transaction:
Common Stock — 63,698 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 63,698 units
Grant value per share: $1.74 per share
Shares held after transaction: 63,698 shares
3 metrics
Deferred stock units granted
63,698 units
Equity award to director Adam Demuyakor
Grant value per share
$1.74 per share
Reference value for deferred stock unit award
Shares held after transaction
63,698 shares
Total direct holdings reported after the grant
Key Terms
Deferred Stock Units, Common Stock, Grant, award, or other acquisition
3 terms
Deferred Stock Units financial
"Award of Deferred Stock Units that represent the right to receive one share"
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.
Common Stock financial
"Common Stock reported as the underlying security for the deferred units"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition"
FAQ
What did Conduent (CNDT) director Adam Demuyakor report in this Form 4?
Adam Demuyakor reported receiving 63,698 deferred stock units as an equity award. Each unit represents one share of Conduent common stock, delivered later. This is a compensation grant, not an open-market stock purchase or sale.
At what value were Adam Demuyakor’s Conduent (CNDT) deferred stock units granted?
The 63,698 deferred stock units were granted at a reference value of $1.74 per share. This price reflects the fair value used for reporting the equity award, not a price paid in an open-market transaction.