Conduent (CNDT) director Letier A. Scott gets deferred stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conduent Inc. director Letier A. Scott received an additional equity grant of 1,937 shares of common stock on February 3, 2026 at $1.42 per share. This award is an adjustment to reflect updated compensation tied to changes in her board committee assignments.
The grant consists of Deferred Stock Units, each representing the right to receive one share of Conduent common stock upon her separation from service as a director. Following this transaction, Scott beneficially owns 716,945 shares of Conduent common stock in direct form.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Letier A. Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,937 | $1.42 | $3K |
Holdings After Transaction:
Common Stock — 716,945 shares (Direct)
Footnotes (1)
- Additional grant to reflect updated compensation based on changes to committees. Award of Deferred Stock Units that represent the right to receive one share of common stock upon separation of service as a director.
FAQ
What insider transaction did Conduent (CNDT) report for director Letier A. Scott?
Conduent reported that director Letier A. Scott received an additional grant of 1,937 shares of common stock on February 3, 2026 at $1.42 per share. The award adjusts her compensation following changes to her board committee roles and is structured as Deferred Stock Units.
Why did Letier A. Scott receive an additional stock grant from Conduent (CNDT)?
The additional grant to Letier A. Scott was made to reflect updated director compensation resulting from changes to her committee assignments. The filing notes this adjustment explicitly, tying the 1,937-share award to the revised structure of her board committee responsibilities rather than open-market trading.
What are the terms of the Deferred Stock Units granted to Letier A. Scott at Conduent (CNDT)?
The award consists of Deferred Stock Units, each representing the right to receive one share of Conduent common stock. According to the filing, these units convert into common shares upon Scott’s separation from service as a director, aligning delivery with the end of her board tenure.
Was the Conduent (CNDT) Form 4 transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant, not a market purchase. The Form 4 lists transaction code “A” for an acquisition and explains it as an additional grant to adjust director compensation based on committee changes, delivered as Deferred Stock Units rather than open-market buying.