Form 4: Conduent EVP Sells Shares for Tax Obligations

Conduent's EVP, GC & Secretary, Michael E. Krawitz, disposed of 65,957 common shares to cover tax liabilities on vested Restricted Stock Units.

Summary

• Michael E. Krawitz, Executive Vice President, General Counsel & Secretary of Conduent Inc. (CNDT), reported a change in beneficial ownership.
• On December 31, 2025, Krawitz disposed of 65,957 shares of Conduent Common Stock.
• The disposition was made at a price of $1.92 per share.
• This transaction, coded 'F', indicates shares were withheld to pay for taxes on vested Restricted Stock Units.
• Following this transaction, Krawitz beneficially owns 1,092,736 shares of Conduent Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon RSU vesting and does not indicate a change in sentiment towards the company, nor does it reflect positively or negatively on company performance.

Future Outlook

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

Industry Context

This filing reports a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across all industries for publicly traded companies with RSU programs.

Stakeholder Impact

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

Key Dates

Recommendation

The reported transaction is a standard disposition of shares to cover tax obligations upon the vesting of Restricted Stock Units by an executive. This is a common and expected event and does not reflect a change in the executive's long-term view of the company or its prospects, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

Conduent, CNDT, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU, Michael Krawitz