DXC Technology (NYSE: DXC) EVP and General Counsel granted 135,667 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology Co executive vice president and general counsel Matthew K. Fawcett received an equity compensation award in the form of restricted stock units. He was granted 135,667 shares of common stock at no cash cost as part of this award.
The footnotes explain that each RSU converts into one share of common stock when it vests, and the RSUs will vest in three equal annual installments beginning on May 12, 2027. After this grant, Fawcett directly holds 280,146 shares of DXC common stock, which includes unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FAWCETT MATTHEW K
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 135,667 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 280,146 shares (Direct, null)
Footnotes (1)
- Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock upon the vesting date. The RSUs will vest in three equal annual installments beginning May 12, 2027. Amount reported includes unvested RSUs.
Key Figures
RSU grant size: 135,667 shares
Grant price: $0.00 per share
Post-grant holdings: 280,146 shares
+1 more
4 metrics
RSU grant size
135,667 shares
Restricted stock unit award on May 12, 2026
Grant price
$0.00 per share
Equity compensation award, not open-market purchase
Post-grant holdings
280,146 shares
Direct holdings after RSU grant, includes unvested RSUs
Vesting schedule
3 equal annual installments
Beginning May 12, 2027 for RSU award
Key Terms
restricted stock units (RSUs), vesting date, unvested RSUs, grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting date financial
"Each RSU entitles the reporting person to receive one share of common stock upon the vesting date."
unvested RSUs financial
"Amount reported includes unvested RSUs."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did DXC (DXC) report for Matthew K. Fawcett?
DXC reported that executive vice president and general counsel Matthew K. Fawcett received a grant of 135,667 restricted stock units. These RSUs are a stock-based compensation award, not an open-market purchase or sale, and carry no cash exercise price.
What are the vesting terms of Matthew K. Fawcett’s DXC (DXC) RSU award?
The RSU award vests in three equal annual installments beginning May 12, 2027. Each restricted stock unit converts into one share of DXC common stock upon vesting, giving Fawcett stock over several years rather than immediately.
Is Matthew K. Fawcett’s DXC (DXC) RSU grant an open-market stock purchase?
No, the Form 4 identifies the transaction as a grant or award acquisition. The 135,667 restricted stock units were awarded at a price of $0.00 per share as equity compensation, not bought on the open market by the insider.
What role does Matthew K. Fawcett hold at DXC (DXC) in this Form 4?
The filing lists Matthew K. Fawcett as an officer of DXC, serving as executive vice president and general counsel. This context indicates the RSU grant is part of his senior executive compensation, aligned with company equity incentives.