Agadi Harshavardhan V 4
Research Summary
AI-generated summary
Conduent (CNDT) CEO Harshavardhan Agadi Buys 220,000 Shares
What Happened
- Harshavardhan V. Agadi, CEO of Conduent Inc. (CNDT), made open-market purchases (transaction code P) totaling 220,000 shares across two days. On 2026-02-18 he acquired 110,000 shares at a weighted average price of $1.44 (≈ $158,400). On 2026-02-19 he acquired 110,000 shares at a weighted average price of $1.41 (≈ $155,320). Combined, the purchases cost approximately $313,720. These were outright purchases (a buy), which retail investors often view as a more informative insider action than routine sales.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-02-18: 110,000 shares @ $1.44 (weighted avg; range $1.395–$1.450 per footnote)
- 2026-02-19: 110,000 shares @ $1.41 (weighted avg; range $1.385–$1.430 per footnote)
- Total acquired: 220,000 shares for ≈ $313,720.
- Shares owned after transaction: Not specified in the information provided in this summary (check the full Form 4 for post-transaction holdings).
- Footnotes: The reported prices are weighted averages; the filing notes multiple trades within the stated ranges and offers to provide per-transaction detail upon request (Footnotes F1 and F2).
- Filing timeliness: Form filed 2026-02-20 for transactions on Feb 18–19 — appears to have been filed within the standard two-business-day window (no late filing indicated).
Context
- These were open-market purchases (P), not option exercises, gifts, or awards. Purchases by a CEO can be read as a personal investment in the company but do not prove future company performance. For full context (existing holdings, 10b5-1 plans, or additional insider trades), consult the complete Form 4 filing (Accession No. 0001498132-26-000004).