Form 4: Conduent CFO Sells Shares for Tax Obligations

Conduent's EVP and Chief Financial Officer, Giles Andrew Goodburn, disposed of 16,682 shares of common stock to cover tax liabilities from vested Restricted Stock Units.

Summary

• Giles Andrew Goodburn, Executive Vice President and Chief Financial Officer of Conduent Inc. (CNDT), reported a transaction on December 31, 2025.
• 16,682 shares of Conduent Common Stock were disposed of at a price of $1.92 per share.
• This disposition was specifically for tax withholding purposes related to the vesting of Restricted Stock Units.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.
• Following this transaction, Mr. Goodburn directly beneficially owns 386,607 shares of Conduent Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary tax withholding event related to RSU vesting, which is neutral in sentiment and does not indicate a change in company fundamentals or executive outlook.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning. It is a standard event for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale indicating a change in executive sentiment or company fundamentals.

Key Dates

Keywords

Conduent, CNDT, Giles Andrew Goodburn, CFO, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, RSU, Beneficial Ownership