Agadi Harshavardhan V 4
Research Summary
AI-generated summary
Conduent (CNDT) CEO Harshavardhan Agadi Buys 117,099 Shares
What Happened
Harshavardhan V. Agadi, CEO of Conduent Inc. (CNDT), made an open-market purchase of 117,099 shares on February 20, 2026. The reported weighted-average price was $1.56 per share, for a total reported acquisition value of approximately $182,909. This was a purchase (an accumulation of shares), which insiders' buys are often watched by investors as a potential positive signal.
Key Details
- Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-23)
- Transaction type/code: Open market purchase (P)
- Shares acquired: 117,099
- Reported price: weighted average $1.56; actual trade prices ranged from $1.420 to $1.645 (see footnote)
- Total reported value: $182,909 (acquired)
- Shares owned after transaction: Not specified in the provided excerpt of the filing
- Footnote: F1 notes the $1.56 is a weighted-average price; the reporting person can provide a breakdown of the number of shares bought at each price within the $1.420–$1.645 range upon request.
- Timeliness: Filing shows transaction date 2/20/2026 and Form 4 filed 2/23/2026; no late-filing flag was provided in the supplied data.
Context
This was a straightforward open-market purchase (not an option exercise, grant, or gift). No 10b5-1 plan or tax-withholding notation was reported in the excerpt. As always, purchases by executives are factual data points — they do not prove intent or guarantee future performance, but many retail investors track such buys as part of insider activity signals.