CONDUENT Inc·4

Jun 2, 4:16 PM ET

Demuyakor Adam 4

Research Summary

AI-generated summary

Updated

Conduent Director Adam Demuyakor Receives Deferred Stock Award

What Happened

  • Adam Demuyakor, a director of Conduent Inc. (CNDT), received an award of 63,698 deferred stock units on June 1, 2026. The units are valued at $1.74 each, for a total grant value of $110,835. This transaction is an award/grant (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
  • Transaction type/code: A — Award/Grant of Deferred Stock Units.
  • Shares/units granted: 63,698 units at $1.74 per unit; total value $110,835.
  • Shares owned after transaction: Not specified in the information provided in this summary.
  • Footnote: These are Deferred Stock Units (DSUs) that represent the right to receive one share of common stock on the earlier of one year following the grant or termination of service.

Context

  • This award is a compensation-related grant (deferred equity) rather than a market purchase or sale. DSUs typically vest or convert to shares later, so they don't represent immediate sale proceeds or a current open-market investment by the insider. Such grants are common for directors as part of long-term compensation and do not by themselves indicate the insider’s current trading intentions.