DXC (DXC) president awarded 98,023 RSUs in stock-based compensation
Rhea-AI Filing Summary
DXC Technology reported that Raymond Alexander August, President of Insurance Software & Services, received a grant of 98,023 shares of Common Stock in the form of restricted stock units. The RSUs carry a price of $0.00 per share, reflecting a compensation award rather than a market purchase.
Each RSU converts into one share of common stock when it vests. The award will vest in three equal annual installments beginning May 12, 2027, spreading ownership over time. Following this grant, August holds 469,969 shares of common stock, a figure that includes unvested RSUs.
Positive
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Negative
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Insights
Routine RSU compensation grant with multi-year vesting, neutral for valuation.
The filing shows DXC Technology awarding 98,023 restricted stock units to executive Raymond Alexander August at $0.00 per share. This is classified as a grant or award acquisition, a standard form of stock-based compensation rather than an open-market transaction.
The RSUs vest in three equal annual installments beginning May 12, 2027, aligning the executive’s incentives with longer-term company performance. After this grant, August’s reported holdings total 469,969 shares, including unvested RSUs. This type of grant is typical for senior leadership and does not by itself signal a change in the investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98,023 | $0.00 | $0.00 |
Footnotes (2)
- F1. Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock upon the vesting date. The RSUs will vest in three equal annual installments beginning May 12, 2027.
- F2. Amount reported includes unvested RSUs.
Key Figures
Key Terms
restricted stock units (RSUs) financial
vesting financial
grant, award, or other acquisition financial
unvested RSUs financial
Common Stock financial
AI-generated analysis. How Rhea-AI works. Not financial advice.