Stephen Henry Wood - 01 Apr 2025 Form 4/A - Amendment Insider Report for CONDUENT Inc (CNDT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4/A - Amendment
Accepted by SEC
07 Apr 2025, 17:18:51 UTC
Original report date
03 Apr 2025
Prior SEC filing
03 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Krawitz, attorney-in-fact

Key filing fact

Stephen Henry Wood filed Form 4/A - Amendment for CONDUENT Inc (CNDT) on 07 Apr 2025.

Key facts

  • This page summarizes Stephen Henry Wood's Form 4/A - Amendment filing for CONDUENT Inc (CNDT).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Apr 2025, 17:18.

Change

  • Previous filing in this sequence was filed on 03 Jan 2025.
  • Current net transaction value: +$360,779.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CNDT transaction

Common Stock

Award

Transaction value
$360,779
Shares
+133,622
Change %
+16%
Price
$2.70
Shares after
964,290
Date
01 Apr 2025
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Award of performance restricted stock units (PRSUs) that can only be settled in Common Stock. The PRSU award will cliff vest on December 31, 2027, subject to Conduent Incorporated's total shareholder return compared to its proxy peer group (rTSR) meeting certain thresholds. If Conduent Incorporated's rTSR achieves the 25th percentile (or higher) for the period April 1, 2025 through December 31, 2027, the shares will vest on December 31, 2027 and be adjusted and settled according to the following performance (with linear interpolation between points): 25th Percentile ranking is 50% payout; Median percentile ranking is 100% payout; and 75th percentile is 150% payout. The vested shares are paid out within 60 days following the vesting date. The PRSU award adjustment is capped at (i) 100%, if Conduent Incorporated's total shareholder return is negative, and (ii) 4x the fair market value of the target number of PRSUs on the date of grant.

Footnote F2

The number of shares awarded was under-reported on a Form 4 filed April 3, 2025 due to an administrative error.

Footnote F3

The total number of shares owned has been corrected to reflect the number of shares held by the reporting person after the correction to the PRSU award granted.

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