DXC Technology (NYSE: DXC) CEO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology Co President and CEO Raul J. Fernandez reported a tax-related share disposition. On May 21, 2026, 28,937 shares of common stock were withheld at $9.23 per share to satisfy tax liabilities from 73,537 restricted stock units that vested the same day.
After this withholding, Fernandez directly owns 775,892 shares of DXC common stock, an amount that includes unvested restricted stock units. The transaction reflects compensation-related tax withholding rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERNANDEZ RAUL J
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 28,937 | $9.23 | $267K |
Holdings After Transaction:
Common Stock — 775,892 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 73,537 restricted stock units (RSUs) that vested on May 21, 2026. Amount reported includes unvested RSUs.
Key Figures
Shares withheld for taxes: 28,937 shares
Withholding price per share: $9.23 per share
RSUs vested: 73,537 RSUs
+1 more
4 metrics
Shares withheld for taxes
28,937 shares
Common stock withheld on May 21, 2026 for tax liabilities
Withholding price per share
$9.23 per share
Value used for 28,937 withheld DXC common shares
RSUs vested
73,537 RSUs
Restricted stock units vesting on May 21, 2026
Shares held after transaction
775,892 shares
Direct holdings after tax withholding, includes unvested RSUs
Key Terms
restricted stock units (RSUs), tax liabilities, tax-withholding disposition, unvested RSUs
4 terms
restricted stock units (RSUs) financial
"Shares withheld to satisfy tax liabilities arising from 73,537 restricted stock units (RSUs) that vested on May 21, 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 liabilities financial
"Shares withheld to satisfy tax liabilities arising from 73,537 restricted stock units (RSUs) that vested on May 21, 2026."
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) report for Raul J. Fernandez?
DXC reported that President and CEO Raul J. Fernandez had 28,937 DXC common shares withheld to cover tax liabilities. The withholding was tied to 73,537 restricted stock units that vested on May 21, 2026, and was not an open-market trade.
Was the DXC (DXC) insider transaction a stock sale by the CEO?
No, the DXC CEO’s transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities triggered when 73,537 restricted stock units vested on May 21, 2026.