CNDT.NASDAQConduent INC

Form 4: Carl Icahn Reports Ownership Changes in Conduent Inc.

Sentiment:

SEC Form 4 Filing


Carl Icahn and affiliated entities report changes in beneficial ownership of Conduent Inc. shares.

Summary

  • This Form 4 filing reports changes in the beneficial ownership of Conduent Incorporated (CNDT) shares by Carl C. Icahn, Icahn Partners LP, and Icahn Partners Master Fund LP.
  • The reported transaction occurred on June 8, 2024.
  • The filing indicates a transaction involving 38,149,336 shares at a price of $3.47.
  • Following the reported transaction, each of Mr. Icahn, Icahn Partners, and Icahn Master beneficially owns 0 Shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing reflects changes in ownership by a major shareholder, which is a common occurrence in the financial markets. It's important to monitor such filings to understand potential shifts in investor sentiment and control.

Stakeholder Impact

  • The change in ownership may influence investor perception of Conduent Inc.

Key Dates

DateDescription
06/08/2024Date of transaction involving Conduent Inc. shares.
06/10/2024Date of Form 4 filing.

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