Conduent (NASDAQ: CNDT) director gets 92,683 deferred stock units
Rhea-AI Filing Summary
Conduent Inc. director reports stock-based award. Director Kathy J. Higgins Victor received an award of 92,683 shares of Conduent common stock on 01/15/2026 at a reference price of $2.05 per share. The award is in the form of deferred stock units, which represent the right to receive one share of common stock for each unit when service as a director ends. Following this award, the director directly beneficially owns a total of 352,684 shares of Conduent common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Conduent (CNDT) report in this Form 4?
The filing shows that director Kathy J. Higgins Victor received an award of 92,683 shares of Conduent common stock on 01/15/2026, reported at a price of $2.05 per share.
What type of equity was granted to the Conduent (CNDT) director?
The director received an award of Deferred Stock Units, which represent the right to receive one share of Conduent common stock for each unit upon separation of service as a director.
How many Conduent (CNDT) shares does the director own after this transaction?
After the reported award, the director beneficially owns 352,684 shares of Conduent common stock in total.
Was this Conduent (CNDT) insider transaction direct or indirect ownership?
The Form 4 indicates the holdings as direct ownership (D), with no separate entity listed for indirect beneficial ownership.
Does this Conduent (CNDT) Form 4 involve the sale of shares?
No. The transaction code is A, indicating an acquisition of 92,683 deferred stock units, not a sale of existing shares.
What triggers settlement of the deferred stock units granted by Conduent (CNDT)?
The footnote explains that the deferred stock units represent the right to receive one share of common stock for each unit upon separation of service as a director.