DXC Technology (DXC) CPO withholds shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology Chief People Officer Jennifer Ragone reported routine share dispositions to cover taxes on vested stock awards. A total of 9,710 common shares were withheld at $8.94 per share for tax liabilities tied to FY2024 performance-vesting and other RSUs. She continues to hold over 170,000 shares directly, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ragone Jennifer
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,228 | $8.94 | $29K |
| Tax Withholding | Common Stock | 6,482 | $8.94 | $58K |
Holdings After Transaction:
Common Stock — 183,031 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 7,156 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 14,372 restricted stock units (RSUs) that vested on May 15, 2026.
Key Figures
Tax-withheld shares (lot 1): 6,482 shares
Tax-withheld shares (lot 2): 3,228 shares
Total tax-withholding shares: 9,710 shares
+3 more
6 metrics
Tax-withheld shares (lot 1)
6,482 shares
Code F disposition at $8.94 per share on May 15, 2026
Tax-withheld shares (lot 2)
3,228 shares
Code F disposition at $8.94 per share on May 15, 2026
Total tax-withholding shares
9,710 shares
Sum of F-code dispositions for RSU tax liabilities
Price per share
$8.94 per share
Value used for tax-withholding dispositions
Shares following transaction (lot 1)
176,549 shares
Direct common stock holding after first F-code transaction
Shares following transaction (lot 2)
183,031 shares
Direct common stock holding after second F-code transaction
Key Terms
tax-withholding disposition, restricted stock units, performance-vesting restricted stock units, unvested RSUs
4 terms
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.
restricted stock units financial
"14,372 restricted stock units (RSUs) that vested on May 15, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-vesting restricted stock units financial
"7,156 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.
unvested RSUs financial
"Amount reported includes unvested RSUs"
FAQ
What did DXC (DXC) Chief People Officer Jennifer Ragone report in this Form 4?
Jennifer Ragone reported shares withheld to pay taxes on vested stock awards. The company withheld 9,710 DXC common shares at $8.94 per share, reflecting tax-withholding dispositions rather than open-market sales, while she retains a substantial direct share position.
Were Jennifer Ragone’s DXC (DXC) transactions open-market sales?
No, the Form 4 shows tax-withholding dispositions, not open-market sales. Code F indicates shares were delivered back to the issuer to cover tax liabilities from vested restricted stock units, a common administrative mechanism rather than a discretionary sale decision.
What does transaction code F mean in this DXC (DXC) Form 4 filing?
Transaction code F indicates shares used to pay tax or exercise costs by delivering stock. Here, it reflects DXC common shares withheld to satisfy Jennifer Ragone’s tax liabilities from RSU vesting, rather than voluntary buying or selling on the open market.