Form 4: Conduent CIO Sells Shares for Tax Obligations

Conduent's EVP and Chief Information Officer, Mark Prout, disposed of 48,564 shares of common stock to cover tax liabilities related to vested Restricted Stock Units.

Summary

• Mark Prout, Executive Vice President and Chief Information Officer of CONDUENT Inc (CNDT), reported a transaction on December 31, 2025.
• The transaction involved the disposition of 48,564 shares of Common Stock.
• These shares were withheld to pay for taxes on Restricted Stock Units (RSUs) that had vested.
• The price per share for the disposition was $1.92.
• Following this transaction, Mark Prout beneficially owns 671,093 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across all publicly traded companies when restricted stock units vest. It does not provide information directly related to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The transaction represents a minor, routine reduction in an executive's direct holdings due to tax obligations, which is generally not considered material to the company's overall share structure or valuation.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

CNDT, Conduent, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation