Letier A. Scott 4

What Happened
Letier A. Scott, a director of CONDUENT Inc. (CNDT), received an award of 1,937 Deferred Stock Units (DSUs) on February 3, 2026. The filing values the grant at $1.42 per unit for a total of $2,751. This was a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-03; Price per unit recorded: $1.42; Total value: $2,751.
• Type: Award/Grant of Deferred Stock Units (transaction code A).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 — additional grant reflecting updated compensation based on committee changes; F2 — DSUs represent the right to receive one share of common stock upon separation of service as a director.
• Filing timeliness: Form filed 2026-02-04 for a 2026-02-03 transaction — filed promptly (not late).

Context
DSUs are a form of deferred compensation for directors: they do not represent immediately issued common shares but a right to receive shares (or possibly cash/stock) upon leaving the board or other separation event. Such director grants are routine compensation and do not by themselves indicate trading conviction.