DXC Technology (NYSE: DXC) grants director 21,800 restricted stock units
Rhea-AI Filing Summary
Washington Akihiko reported acquisition or exercise transactions in this Form 4 filing.
DXC Technology Co reported that director Akihiko Washington received an award of 21,800 restricted stock units of common stock on 2026-08-04. Each RSU represents one DXC share and will vest on the earlier of one year from the grant date or the 2027 annual meeting of stockholders. Following this award, Washington directly holds 79,300 shares, a figure that includes unvested RSUs. The RSUs settle on the vesting date or on a later date if he has elected to defer settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 21,800 shares
Net Buy
1 txn
Insider
Washington Akihiko
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 21,800 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 79,300 shares (Direct)
Footnotes (2)
- F1. Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock. The RSUs will vest on the earlier of (i) one year from the grant date, or (ii) at the 2027 annual meeting of stockholders. The RSUs will settle on the vesting date or, if the director has elected to defer settlement, on the date or event elected by the director.
- F2. Amount reported includes unvested RSUs.
Key Figures
RSUs granted: 21,800 shares
Total shares following transaction: 79,300 shares
Grant price: 0.0000 per share
+2 more
5 metrics
RSUs granted
21,800 shares
Award of restricted stock units to director Akihiko Washington on 2026-08-04
Total shares following transaction
79,300 shares
Director’s direct DXC common stock holdings after the RSU award, including unvested RSUs
Grant price
0.0000 per share
Per-share transaction price reported for the RSU award
Standard vesting period
one year
RSUs vest on the earlier of one year from grant or the 2027 annual meeting
Alternate vesting date
2027 annual meeting of stockholders
RSUs vest no later than the 2027 annual meeting if not vested earlier
Key Terms
restricted stock units (RSUs), vest, defer settlement, annual meeting of stockholders
4 terms
restricted stock units (RSUs) financial
"Award of restricted stock units (RSUs). Each RSU entitles the reporting person"
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.
vest financial
"The RSUs will vest on the earlier of (i) one year from the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
defer settlement financial
"or, if the director has elected to defer settlement, on the date or event elected"
annual meeting of stockholders financial
"or (ii) at the 2027 annual meeting of stockholders"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DXC (DXC) report for Akihiko Washington?
DXC Technology reported that director Akihiko Washington received an award of 21,800 restricted stock units of common stock. Each RSU represents one DXC share and is part of his equity-based compensation as a board member.
What are the vesting terms of the 21,800 RSUs reported by DXC (DXC)?
The 21,800 restricted stock units granted to Akihiko Washington will vest on the earlier of one year from the grant date or the 2027 annual meeting of stockholders, according to the filing’s footnote description.
How will Akihiko Washington’s DXC (DXC) RSUs be settled?
Each RSU entitles Akihiko Washington to receive one share of DXC common stock. The RSUs will settle on the vesting date or, if he elected deferral, on the deferred date or event he chose.
Did Akihiko Washington pay cash for the DXC (DXC) RSU award?
The Form 4 lists a transaction price of 0.0000 per share for the 21,800 RSUs, indicating this was an equity award rather than a cash purchase on the open market.