DXC executive has shares withheld for RSU taxes
DXC Technology Executive Vice President for GIS, Christopher Drumgoole, reported routine share dispositions related to tax withholding on vested restricted stock units.
Rhea-AI Filing Summary
DXC Technology Executive Vice President for GIS, Christopher Drumgoole, reported routine share dispositions related to tax withholding on vested restricted stock units. On May 21 and May 22, 2026, a total of 23,245 shares of common stock were withheld at prices of about $9.23 and $9.50 per share to satisfy tax liabilities from RSU vesting of 40,138 and 18,931 units, respectively. After these transactions, Drumgoole directly owned 655,430 shares of DXC common stock, and this amount includes unvested RSUs. These Form 4 entries reflect compensation-related tax withholding rather than open-market stock sales.
Positive
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 23,245 shares
Exercise Price or Tax Liability
2 txns
Insider
Drumgoole Christopher
Role
EVP, GIS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,450 | $9.50 | $71K |
| Exercise Price or Tax Liability | Common Stock | 15,795 | $9.23 | $146K |
Holdings After Transaction:
Common Stock — 655,430 shares (Direct)
Footnotes (3)
- F1. Shares withheld to satisfy tax liabilities arising from 40,138 restricted stock units (RSUs) that vested on May 21, 2026.
- F2. Amount reported includes unvested RSUs.
- F3. Shares withheld to satisfy tax liabilities arising from 18,931 restricted stock units (RSUs) that vested on May 22, 2026.
Key Figures
Tax-withholding shares May 21, 2026: 15,795 shares at $9.23
Tax-withholding shares May 22, 2026: 7,450 shares at $9.50
Total tax-withholding shares: 23,245 shares
+3 more
6 metrics
Tax-withholding shares May 21, 2026
15,795 shares at $9.23
Common stock withheld to cover RSU tax liabilities
Tax-withholding shares May 22, 2026
7,450 shares at $9.50
Common stock withheld to cover RSU tax liabilities
Total tax-withholding shares
23,245 shares
Aggregate shares withheld for RSU-related taxes
Shares owned after transactions
655,430 shares
Direct DXC common stock ownership including unvested RSUs
RSUs vested May 21, 2026
40,138 RSUs
Restricted stock units vesting that created tax liability
RSUs vested May 22, 2026
18,931 RSUs
Restricted stock units vesting that created tax liability
Key Terms
restricted stock units (RSUs), tax-withholding disposition, Form 4, unvested RSUs, +1 more
5 terms
restricted stock units (RSUs) financial
"tax liabilities arising from 40,138 restricted stock units (RSUs) that vested"
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 is described as a tax-withholding disposition of common stock"
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.
Form 4 regulatory
"The Form 4 reports compensation-related tax-withholding transactions by an executive"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
unvested RSUs financial
"Amount reported includes unvested RSUs in the executive’s share holdings"
Executive Vice President financial
"Drumgoole serves as Executive Vice President, GIS, at DXC Technology"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DXC (DXC) executive Christopher Drumgoole report in this Form 4?
Christopher Drumgoole reported share dispositions due to tax withholding on vested RSUs. DXC withheld 23,245 common shares at prices near $9.23 and $9.50 to cover tax liabilities from recent RSU vesting events.
Were the DXC (DXC) insider transactions open-market sales?
No, the transactions were not open-market sales. They were tax-withholding dispositions, where DXC retained 23,245 shares to satisfy Drumgoole’s tax obligations arising from the vesting of restricted stock units granted as compensation.
What RSU vesting events triggered tax withholding for DXC (DXC) EVP Drumgoole?
Two RSU vesting events triggered the tax withholding. On May 21, 2026, 40,138 RSUs vested, and on May 22, 2026, 18,931 RSUs vested. Shares were withheld on each date to cover the related tax liabilities.
Does the DXC (DXC) Form 4 show any option exercises or derivative trades?
The Form 4 does not show any derivative exercises or trades. All reported transactions are non-derivative common stock entries coded as tax-withholding dispositions, with no remaining derivative positions listed in the derivative summary section.
AI-generated analysis. How Rhea-AI works. Not financial advice.
