|4Feb 20, 11:30 AM ET

Fucci Michael 4

Research Summary

AI-generated summary

Updated

Conduent (CNDT) Director Michael Fucci Buys 60,000 Shares

What Happened
Michael Fucci, a director of Conduent Inc. (CNDT), acquired 60,000 shares in open-market purchases on February 19, 2026. The filing reports a weighted-average purchase price of $1.44 per share for a total reported cost of $86,580. This was a purchase (insider buy), which some investors view as a potentially positive signal, though no motives are stated.

Key Details

  • Transaction type: Open-market purchase (Code P).
  • Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (timely).
  • Reported price: Weighted average $1.44; trades executed in multiple lots at prices ranging $1.415–$1.470 (see footnote F1).
  • Total reported value: $86,580.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Notable footnote: F1 notes the $1.44 is a weighted average and the reporting person can provide a per-trade breakdown upon request. No 10b5-1 plan, tax withholding, or other arrangements are disclosed in the excerpt.

Context
Insider purchases by company directors are often watched by retail investors as a sign of confidence, but they don’t prove future performance. The purchase here is modest in dollar terms (~$86.6K) and was done via multiple open-market trades.