DXC Technology (NYSE: DXC) CFO has 16,882 shares withheld for tax
Rhea-AI Filing Summary
DXC Technology reports that EVP and Chief Financial Officer Robert F. Del Bene had company common shares withheld to satisfy tax liabilities arising from restricted stock unit vesting.
On July 17, 2026, a total of 16,882 shares of common stock were withheld at $9.47 per share, tied to the vesting of 14,356 and 16,171 RSUs. These are tax-withholding dispositions, not open-market sales.
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Insights
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Insider Trade Summary
Net Seller: 16,882 shares
Net Sell
2 txns
Insider
Del Bene Robert F
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 7,939 | $9.47 | $75K |
| Tax Withholding | Common Stock F3, F2 | 8,943 | $9.47 | $85K |
Holdings After Transaction:
Common Stock — 290,820 shares (Direct)
Footnotes (3)
- F1. Shares withheld to satisfy tax liabilities arising from the vesting of 14,356 restricted stock units (RSUs) on July 17, 2026.
- F2. Amount reported includes unvested RSUs.
- F3. Shares withheld to satisfy tax liabilities arising from the vesting of 16,171 RSUs on July 17, 2026.
Key Figures
Tax-withheld shares (total): 16,882 shares
First tax-withholding block: 7,939 shares
Second tax-withholding block: 8,943 shares
+3 more
6 metrics
Tax-withheld shares (total)
16,882 shares
Total DXC common shares withheld for tax liabilities on July 17, 2026
First tax-withholding block
7,939 shares
Common shares withheld for taxes from vesting of 14,356 RSUs on July 17, 2026
Second tax-withholding block
8,943 shares
Common shares withheld for taxes from vesting of 16,171 RSUs on July 17, 2026
Per-share withholding price
$9.47 per share
Price applied to DXC common shares withheld in both tax-withholding dispositions
RSUs vesting (first lot)
14,356 RSUs
Restricted stock units vesting that triggered the first tax withholding on July 17, 2026
RSUs vesting (second lot)
16,171 RSUs
Restricted stock units vesting that triggered the second tax withholding on July 17, 2026
Key Terms
tax-withholding disposition, restricted stock units (RSUs), unvested RSUs
3 terms
tax-withholding disposition financial
"Transactions are 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.
restricted stock units (RSUs) financial
"Shares withheld to satisfy tax liabilities arising from the vesting of 14,356 restricted stock units (RSUs)"
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.
unvested RSUs financial
"Amount reported includes unvested RSUs"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did DXC (DXC) CFO Robert F. Del Bene report in this Form 4?
The filing shows that DXC EVP and CFO Robert F. Del Bene had common shares withheld to cover tax liabilities from vesting restricted stock units on July 17, 2026, rather than executing discretionary open-market trades.
Were the DXC (DXC) CFO's Form 4 transactions open-market sales?
No. Both transactions are characterized as tax-withholding dispositions, where shares were delivered to satisfy tax obligations from RSU vesting. The filing does not report any open-market purchases or sales of DXC common stock by the CFO on that date.
Was a Rule 10b5-1 trading plan used for the DXC (DXC) CFO's transactions?
The Form 4 indicates the transactions were not conducted under a Rule 10b5-1 trading plan, as the specific checkbox affirming such a plan was left unchecked. The reported activity reflects routine tax withholding tied to equity compensation vesting.