DXC (DXC) CEO Fernandez settles RSU tax with 39,223 withheld shares, holds 804,829
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology President and CEO Raul J. Fernandez reported a Form 4 transaction where 39,223 shares of common stock were withheld on May 15, 2026 to cover tax liabilities from the vesting of 134,282 restricted stock units (RSUs). After this tax-withholding disposition, he directly holds 804,829 shares, and this amount includes unvested RSUs.
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 | 39,223 | $8.94 | $351K |
Holdings After Transaction:
Common Stock — 804,829 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 134,282 restricted stock units (RSUs) that vested on May 15, 2026. Amount reported includes unvested RSUs.
Key Figures
Tax-withheld shares: 39,223 shares
Withholding price: $8.94 per share
RSUs vested: 134,282 RSUs
+1 more
4 metrics
Tax-withheld shares
39,223 shares
Common stock withheld for tax liabilities on May 15, 2026
Withholding price
$8.94 per share
Value used for 39,223 withheld shares
RSUs vested
134,282 RSUs
Restricted stock units vesting on May 15, 2026
Shares held after
804,829 shares
Direct holdings after transaction, includes unvested RSUs
Key Terms
restricted stock units (RSUs), vested, tax liabilities, withheld
4 terms
restricted stock units (RSUs) financial
"tax liabilities arising from 134,282 restricted stock units (RSUs) that vested"
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.
vested financial
"134,282 restricted stock units (RSUs) that vested on May 15, 2026"
tax liabilities financial
"Shares withheld to satisfy tax liabilities arising from 134,282 restricted stock units"
withheld financial
"Shares withheld to satisfy tax liabilities arising from 134,282 restricted stock units"
FAQ
What insider transaction did DXC (DXC) report for Raul J. Fernandez?
DXC reported that President and CEO Raul J. Fernandez had 39,223 common shares withheld to pay taxes. The withholding related to 134,282 RSUs that vested on May 15, 2026, and reflects a non-market tax-settlement event rather than an open-market sale.
What does the vesting of 134,282 RSUs mean for DXC (DXC) CEO compensation?
The vesting of 134,282 RSUs means previously granted stock units converted into taxable equity for the CEO. To cover resulting tax liabilities, 39,223 shares were withheld, while the remaining vested shares contribute to his overall direct and restricted equity position in DXC.