Conduent Inc. (CNDT) CFO logs RSU-related tax share withholding
Rhea-AI Filing Summary
Conduent Inc. EVP and Chief Financial Officer Giles Andrew Goodburn reported a tax-withholding disposition of 3,841 shares of common stock on July 31, 2026, at $1.57 per share to pay taxes on vested Restricted Stock Units. After this withholding, he directly holds 937,287 shares of Conduent common stock.
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Insider Trade Summary
Net Seller: 3,841 shares
Net Sell
1 txn
Insider
Goodburn Giles Andrew
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,841 | $1.57 | $6K |
Holdings After Transaction:
Common Stock — 937,287 shares (Direct)
Footnotes (1)
- F1. Shares withheld to pay for taxes on Restricted Stock Units that have vested.
Key Figures
Shares withheld for taxes: 3,841 shares
Withholding price per share: $1.57 per share
Shares held after transaction: 937,287 shares
3 metrics
Shares withheld for taxes
3,841 shares
Common Stock withheld on July 31, 2026 for RSU tax liability
Withholding price per share
$1.57 per share
Implied value per share for withheld Conduent common stock
Shares held after transaction
937,287 shares
Directly owned Conduent common stock following July 31, 2026 withholding
Key Terms
Restricted Stock Units, tax-withholding disposition, Payment of tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"Shares withheld to pay for taxes on Restricted Stock Units that have vested."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or withholding securities""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Conduent (CNDT) report for its CFO?
Conduent’s CFO, Giles Andrew Goodburn, reported a tax-withholding disposition of 3,841 shares of common stock on July 31, 2026. The shares were withheld to cover taxes due on vested Restricted Stock Units rather than sold in an open-market transaction.
Was the Conduent (CNDT) CFO’s Form 4 transaction an open-market sale?
No. The transaction is coded as F, described as “Payment of tax liability by delivering or withholding securities.” A footnote clarifies the 3,841 shares were withheld specifically to pay taxes on Restricted Stock Units that had vested, not sold on the market.
Is the CNDT CFO’s July 31, 2026 transaction under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked for this report, and no footnote states that the transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The event is presented solely as a tax-withholding disposition tied to RSU vesting.