DXC Technology (NYSE: DXC) exec shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology executive Raymond Alexander August, President of Insurance Software & Services, reported routine share dispositions tied to tax withholding on vested restricted stock units. On May 21 and May 22, 2026, a total of 13,265 shares of common stock were withheld at prices of about $9.23 and $9.50 per share to satisfy tax liabilities from RSU vesting.
After these tax-withholding dispositions, August directly holds 425,428 shares of DXC common stock, and the filing notes that this amount includes unvested RSUs. These transactions were not open-market purchases or sales, but administrative steps to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
August Raymond Alexander
Role
President, Insurance SW & Svcs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,416 | $9.50 | $42K |
| Tax Withholding | Common Stock | 8,849 | $9.23 | $82K |
Holdings After Transaction:
Common Stock — 425,428 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 19,511 restricted stock units (RSUs) that vested on May 21, 2026. Amount reported includes unvested RSUs. Shares withheld to satisfy tax liabilities arising from 9,736 restricted stock units (RSUs) that vested on May 22, 2026.
Key Figures
Tax-withholding shares May 21, 2026: 8,849 shares at $9.23/share
Tax-withholding shares May 22, 2026: 4,416 shares at $9.50/share
Total tax-withholding shares: 13,265 shares
+3 more
6 metrics
Tax-withholding shares May 21, 2026
8,849 shares at $9.23/share
F-code tax-withholding disposition of common stock
Tax-withholding shares May 22, 2026
4,416 shares at $9.50/share
F-code tax-withholding disposition of common stock
Total tax-withholding shares
13,265 shares
Sum of F-code tax-withholding dispositions in this filing
Shares held after transactions
425,428 shares
Direct DXC common stock holdings after May 22, 2026
RSUs vested May 21, 2026
19,511 RSUs
Restricted stock units vesting that created tax liability
RSUs vested May 22, 2026
9,736 RSUs
Restricted stock units vesting that created tax liability
Key Terms
restricted stock units (RSUs), tax-withholding disposition, Common Stock, unvested RSUs
4 terms
restricted stock units (RSUs) financial
"Shares withheld to satisfy tax liabilities arising from 19,511 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-withholding disposition financial
"transaction_action: "tax-withholding disposition" with code F for both transactions."
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.
Common Stock financial
"security_title: "Common Stock" for each non-derivative transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
unvested RSUs financial
"Amount reported includes unvested RSUs."
FAQ
What insider transactions did DXC (DXC) report for Raymond Alexander August?
DXC reported that Raymond Alexander August had shares withheld to cover taxes on vested RSUs. On May 21–22, 2026, 13,265 common shares were used for tax-withholding dispositions rather than open-market sales or purchases.
What RSU vesting events triggered tax withholding for DXC (DXC) in this Form 4?
Tax withholding arose from 19,511 restricted stock units that vested on May 21, 2026, and 9,736 restricted stock units that vested on May 22, 2026. Shares were withheld to cover the related tax liabilities on these vesting events.
Does the DXC (DXC) Form 4 indicate any remaining derivative or option positions?
The filing’s derivative summary is empty, indicating no derivative transactions or remaining derivative positions are shown in this particular Form 4. It focuses solely on tax-withholding dispositions related to vested restricted stock units.