DXC Technology (DXC) awards 7,156 performance-based shares to chief people officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology Co reported that Chief People Officer Jennifer Ragone received an award of 7,156 shares of common stock as a grant or other acquisition. These shares relate to regular-cycle FY2024 performance-vesting restricted stock units earned over a three-year performance period.
After this award, Ragone beneficially owns 104,216 shares of DXC common stock directly, and this figure includes unvested restricted stock units. The performance stock units are scheduled to settle on or around May 23, 2026, aligning payout with multi-year performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ragone Jennifer
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,156 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 104,216 shares (Direct, null)
Footnotes (1)
- Award of regular-cycle FY2024 performance-vesting restricted stock units (PSUs) earned based on performance metrics measured over a three-year performance period. The PSUs will settle on or around May 23, 2026. Amount reported includes unvested restricted stock units.
Key Figures
Shares granted: 7,156 shares
Price per share for grant: $0.0000 per share
Total shares after transaction: 104,216 shares
+1 more
4 metrics
Shares granted
7,156 shares
Grant/award of common stock on April 29, 2026
Price per share for grant
$0.0000 per share
Compensation-related equity award, not open-market purchase
Total shares after transaction
104,216 shares
Directly owned common stock including unvested RSUs after grant
PSU settlement date
On or around May 23, 2026
Settlement timing for FY2024 performance-vesting restricted stock units
Key Terms
performance-vesting restricted stock units, PSUs, restricted stock units, three-year performance period
4 terms
performance-vesting restricted stock units financial
"Award of regular-cycle FY2024 performance-vesting restricted stock units (PSUs)"
Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.
PSUs financial
"The PSUs will settle on or around May 23, 2026"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
restricted stock units financial
"Amount reported includes unvested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
three-year performance period financial
"performance metrics measured over a three-year performance period"
FAQ
What did DXC (DXC) disclose about Chief People Officer Jennifer Ragone’s equity award?
DXC disclosed that Chief People Officer Jennifer Ragone received 7,156 shares of common stock as a grant. The award is tied to FY2024 performance-vesting restricted stock units earned over a three-year performance period and represents compensation, not an open-market stock purchase.
What type of equity was granted to Jennifer Ragone by DXC (DXC)?
The filing describes the grant as regular-cycle FY2024 performance-vesting restricted stock units (PSUs). These PSUs were earned based on performance metrics measured over a three-year performance period, tying Ragone’s equity compensation to multi-year company or individual performance outcomes.
When will Jennifer Ragone’s DXC (DXC) performance stock units settle?
The performance-vesting restricted stock units awarded to Jennifer Ragone are expected to settle on or around May 23, 2026. Settlement generally means the PSUs convert into common shares delivered to the executive, assuming the applicable performance and service conditions are satisfied by that date.
Does the DXC (DXC) Form 4 show a stock purchase or sale by Jennifer Ragone?
The Form 4 shows an acquisition coded as a grant or award, not an open-market purchase or sale. Ragone received 7,156 shares of common stock at a price per share of $0.0000, reflecting compensation-related equity rather than a discretionary trade in DXC shares.