DXC Technology (NYSE: DXC) EVP withholds 11,664 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology EVP and General Counsel Matthew K. Fawcett reported a tax-related share disposition linked to vesting stock awards. On May 15, 2026, 11,664 shares of common stock were withheld at $8.94 per share to cover tax liabilities from 29,641 vested RSUs. After this withholding, he directly held 268,482 shares, which the disclosure notes 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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,664 | $8.94 | $104K |
Holdings After Transaction:
Common Stock — 268,482 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 29,641 restricted stock units (RSUs) that vested on May 15, 2026. Amount reported includes unvested RSUs.
Key Figures
Tax-withheld shares: 11,664 shares
Withholding price: $8.94 per share
Vested RSUs: 29,641 units
+1 more
4 metrics
Tax-withheld shares
11,664 shares
Common stock withheld for taxes on May 15, 2026
Withholding price
$8.94 per share
Price used for tax-withholding disposition
Vested RSUs
29,641 units
Restricted stock units vested on May 15, 2026
Shares after transaction
268,482 shares
Direct holdings following tax withholding, including unvested RSUs
Key Terms
restricted stock units (RSUs), tax-withholding disposition, unvested RSUs
3 terms
restricted stock units (RSUs) financial
"tax liabilities arising from 29,641 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": "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 did DXC (DXC) EVP Matthew Fawcett report in this Form 4?
Matthew Fawcett reported a tax-withholding disposition of DXC common stock. The company withheld 11,664 shares on May 15, 2026 to satisfy taxes triggered when 29,641 restricted stock units vested, rather than an open-market sale of shares.
How many DXC (DXC) restricted stock units vested in this event?
A total of 29,641 restricted stock units vested for Matthew Fawcett on May 15, 2026. To cover the related tax obligations, 11,664 shares of DXC common stock were withheld, while the remaining vested RSUs converted into additional share ownership for him.