DXC Technology (NYSE: DXC) CFO logs 69,901-share tax-withholding transactions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology EVP and CFO Robert F. Del Bene reported tax-withholding share dispositions related to vesting equity awards. On May 15, 2026, a total of 69,901 shares of common stock were withheld at $8.94 per share to satisfy tax liabilities from 64,604 FY2024 performance-vesting restricted stock units that settled and 61,797 restricted stock units that vested the same day.
These are not open-market sales but automatic share withholdings for taxes. After the transactions, Del Bene’s reported direct holdings were 362,255 shares and 328,081 shares of common stock, and this amount includes unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Del Bene Robert F
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 35,727 | $8.94 | $319K |
| Tax Withholding | Common Stock | 34,174 | $8.94 | $306K |
Holdings After Transaction:
Common Stock — 362,255 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 64,604 FY2024 performance-vesting restricted stock units that settled on May 15, 2026. Amount reported includes unvested RSUs. Shares withheld to satisfy tax liabilities arising from 61,797 restricted stock units (RSUs) that vested on May 15, 2026.
Key Figures
Tax-withheld shares: 69,901 shares
Price per share: $8.94 per share
Performance-vesting RSUs settled: 64,604 units
+3 more
6 metrics
Tax-withheld shares
69,901 shares
Shares withheld to satisfy tax liabilities on May 15, 2026
Price per share
$8.94 per share
Value used for tax-withholding dispositions
Performance-vesting RSUs settled
64,604 units
FY2024 performance-vesting RSUs that settled on May 15, 2026
RSUs vested
61,797 units
Restricted stock units that vested on May 15, 2026
Direct holdings after transaction
362,255 shares
Reported direct common stock holdings following one transaction
Direct holdings after transaction
328,081 shares
Reported direct common stock holdings following another transaction
Key Terms
performance-vesting restricted stock units, restricted stock units (RSUs), tax-withholding disposition, unvested RSUs
4 terms
performance-vesting restricted stock units financial
"64,604 FY2024 performance-vesting restricted stock units that settled on May 15, 2026"
Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.
restricted stock units (RSUs) financial
"61,797 restricted stock units (RSUs) that vested on May 15, 2026"
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
unvested RSUs financial
"Amount reported includes unvested RSUs."
FAQ
What insider transaction did DXC (DXC) CFO Robert Del Bene report?
DXC CFO Robert Del Bene reported share dispositions for tax withholding. A total of 69,901 DXC common shares were withheld on May 15, 2026 to cover tax liabilities from vested and settled restricted stock units.
What DXC equity awards triggered Robert Del Bene’s tax-withholding transactions?
The tax-withholding transactions were triggered by two DXC equity events. First, 64,604 FY2024 performance-vesting restricted stock units settled; second, 61,797 restricted stock units vested, both on May 15, 2026, creating related tax liabilities.