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Conduent8-K: Restructuring charge

Conduent divests its Transit Business to Modaxo for $164M in a major portfolio restructuring.

What happened

Conduent is selling its entire public transit and fare collection business, a significant strategic shift to streamline operations and focus on core assets.

Source

SEC EDGARMay 21, 2026

Current report (Form 8-K)

Conduent 8-K

Filing excerpt

On May 21, 2026, Conduent Incorporated (the “Company”), by and through its wholly owned subsidiary Conduent Business Services, LLC (“CBS”), entered into an Equity Interest Purchase Agreement (the “Purchase Agreement”) with Modaxo USA Holdings, Inc. and Modaxo France Holdings SAS (collectively, “Buyer”), and Modaxo Group Inc.

sec.gov/Archives/edgar/data/1677703/000167770326000069/cndt-20260521.htmRead the full source

Other signals in this filing (3)

Extracted by Autobound

From the Signal API record
Signal
8-K: Restructuring charge

What this signalsFilings often name leadership changes, deals and spending plans.

Form
8-K
Fiscal year end
05/21
Filed
May 21, 2026

The full record

From the Signal API record

Numbers

Dollar figure
$164M (Purchase price for the sale of its public transit and fare collection business.)

Details

CIK
1677703
Accession number
0001677703-26-000069
Timeframe
Immediate
Filing year
2026
Why it matters
Vendor review likely
Signal category
Financial

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
May 26, 2026
signal_type
sec-8k
signal_subtype
restructuringCharge

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The API returns more than this page shows

This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/bffefb37-3719-4f85-9379-e03bf7ba1eac returns this record as JSON. POST /v1/companies/enrich returns every signal for conduent.com.

{
  "signal_id": "bffefb37-3719-4f85-9379-e03bf7ba1eac",
  "signal_type": "sec-8k",
  "signal_subtype": "restructuringCharge",
  "detected_at": "2026-05-26T10:04:43.04+00:00",
  "company": {
    "name": "Conduent",
    "domain": "conduent.com"
  },
  "data": {
    "detail": "Conduent is selling its entire public transit and fare collection business, a significant strategic shift to streamline operations and focus on core assets. This type of divestiture creates immediate needs for IT system separation, process re-engineering, and transitional support services.",
    "metrics": {
      "timeframe": "immediate",
      "dollar_context": "Purchase price for the sale of its public transit and fare collection business.",
      "dollar_millions": 164
    },
    "summary": "Conduent divests its Transit Business to Modaxo for $164M in a major portfolio restructuring.",
    "excerpts": "On May 21, 2026, Conduent Incorporated (the “Company”), by and through its wholly owned subsidiary Conduent Business Services, LLC (“CBS”), entered into an Equity Interest Purchase Agreement (the “Purchase Agreement”) with Modaxo USA Holdings, Inc. and Modaxo France Holdings SAS (collectively, “Buyer”), and Modaxo Group Inc.",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1677703/000167770326000069/cndt-20260521.htm",
    "filing_date": "2026-05-21",
    "filing_year": 2026,
    "fiscal_year_end": "05/21",
    "sales_relevance": "Vendor review likely",
    "signal_category": "financial"
  }
}

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