Form 4 Filing for CONDUENT Inc (CNDT)

Michael Krawitz, EVP, GC & Secretary of CONDUENT Inc, reported a transaction on April 1, 2026. The filing details the acquisition of 413,533 shares of Common Stock under RSU awards granted on the same date, vesting in three equal installments through December 31, 2028. The acquisition price was $1.33 per share, resulting in 1,480,535 shares held post-transaction. Additionally, 206,766 performance restricted stock units (PRSUs) were awarded, also priced at $1.33 per share, with potential vesting based on service conditions and achieving average closing stock prices of $2.50, $3.00, $4.00, or $5.00 within a specified period. These PRSUs convert to one share of Common Stock upon vesting, with settlement within 60 days after the vesting date. The total post-transaction shares held are 1,687,301. Footnote 1 explains the RSU awards, while Footnotes 2 and 3 detail the PRSUs, their vesting conditions related to share price targets, and settlement procedures.