Conduent (CNDT) director awarded 8,273 deferred stock units and reports holdings
Rhea-AI Filing Summary
Conduent Inc. director Harshavardhan V. Agadi received an equity award in the form of deferred stock units. On 01/15/2026, he was granted 8,273 deferred stock units of Conduent common stock at a reference price of $2.05 per share. These units represent the right to receive one share of common stock for each unit on the earlier of the fifth anniversary of the grant date or his separation from service as a director.
Following this grant, Agadi beneficially owned 96,829 shares of Conduent common stock directly. In addition, 100,000 shares of common stock were held indirectly through the GHS Holdings LLC Defined Benefit Pension Plan, which is reported as indirect beneficial ownership.
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FAQ
What insider transaction did Conduent (CNDT) report for Harshavardhan V. Agadi?
Conduent (CNDT) reported that director Harshavardhan V. Agadi received an award of 8,273 deferred stock units of common stock on 01/15/2026.
At what price were the deferred stock units awarded to the Conduent (CNDT) director?
The 8,273 deferred stock units granted to the Conduent director carried a reference price of $2.05 per share.
When do the deferred stock units for the Conduent (CNDT) director convert into common shares?
The deferred stock units entitle the director to receive one share of Conduent common stock per unit on the earlier of five years from the grant date or his separation from service as a director.
How many Conduent (CNDT) shares does Harshavardhan V. Agadi own directly after this transaction?
After the reported grant, Harshavardhan V. Agadi beneficially owned 96,829 shares of Conduent common stock directly.
What indirect holdings of Conduent (CNDT) stock are associated with the director?
In addition to his direct holdings, 100,000 shares of Conduent common stock are reported as held indirectly through the GHS Holdings LLC Defined Benefit Pension Plan.
Is the reported Conduent (CNDT) Form 4 transaction a purchase or an equity award?
The reported Form 4 transaction is an equity award of deferred stock units to the director, not an open-market purchase or sale.