Conduent (CNDT) CEO-linked trust acquires 220,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conduent Inc. director and CEO Harshavardhan V. Agadi reported open-market purchases of a total of 220,000 shares of common stock through the Agadi Family Irrevocable 2021 Trust on February 18 and February 19.
The trust bought 110,000 shares at a weighted average price of $1.440 and 110,000 shares at a weighted average price of $1.412, bringing its indirect holdings to 220,000 shares. Additional reported holdings include 100,000 shares through the GHS Holdings LLC Defined Benefit Pension Plan and 1,796,829 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 220,000 shares ($313,720)
Net Buy
4 txns
Insider
Agadi Harshavardhan V
Role
Chief Executive Officer
Bought
220,000 shs ($314K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 110,000 | $1.412 | $155K |
| Purchase | Common Stock | 110,000 | $1.44 | $158K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 220,000 shares (Indirect, Agadi Family Irrevocable 2021 Trust account);
Common Stock — 1,796,829 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.395 to $1.450, 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 footnotes (1) and (2) on this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.385 to $1.430, inclusive.
FAQ
What insider transactions did Conduent (CNDT) report for Harshavardhan V. Agadi?
Conduent reported that CEO and director Harshavardhan V. Agadi’s family trust bought 220,000 common shares in open-market transactions. These purchases occurred on February 18 and 19, 2026, and were reported as indirect ownership through the Agadi Family Irrevocable 2021 Trust account.
Were the recent Conduent (CNDT) insider transactions open-market purchases or another type?
The Form 4 characterizes both Conduent transactions as open-market purchases, using transaction code “P.” Each involved 110,000 common shares bought indirectly through the Agadi Family Irrevocable 2021 Trust, with prices disclosed as weighted averages over multiple individual trades.
Do the Conduent (CNDT) Form 4 footnotes provide additional pricing details?
Yes. The footnotes explain that the reported prices are weighted averages for multiple trades. One group of purchases ranged from $1.395 to $1.450 per share, while the other ranged from $1.385 to $1.430, and detailed breakdowns are available upon request.