DXC Technology (DXC) EVP receives 181,878 RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology executive vice president for GIS Christopher Drumgoole received a grant of 181,878 shares of common stock in the form of restricted stock units. The award carries no purchase price and is compensation-related, not an open‑market trade.
Each RSU converts into one DXC common share as it vests. The units will vest in three equal annual installments beginning May 12, 2027, spreading the benefit over several years. After this grant, Drumgoole directly holds 731,427 DXC shares, a figure that includes unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drumgoole Christopher
Role
EVP, GIS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 181,878 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 731,427 shares (Direct, null)
Footnotes (1)
- 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. Amount reported includes unvested RSUs.
Key Figures
RSU grant size: 181,878 shares
Grant price: $0.0000 per share
Post‑grant holdings: 731,427 shares
+2 more
5 metrics
RSU grant size
181,878 shares
Restricted stock units of DXC common stock granted to EVP
Grant price
$0.0000 per share
Compensation grant, not an open‑market purchase
Post‑grant holdings
731,427 shares
Total DXC shares directly held after transaction, includes unvested RSUs
Vesting schedule
3 equal annual installments
RSUs vest annually beginning May 12, 2027
First vesting date
May 12, 2027
Initial vesting of RSUs into DXC common shares
Key Terms
restricted stock units (RSUs), vesting, Grant, award, or other acquisition, unvested RSUs
4 terms
restricted stock units (RSUs) financial
"Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock upon the vesting date."
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.
vesting financial
"Each RSU entitles the reporting person to receive one share of common stock upon the vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
unvested RSUs financial
"Amount reported includes unvested RSUs."
FAQ
What did DXC EVP Christopher Drumgoole report in this Form 4?
Christopher Drumgoole reported receiving a grant of 181,878 restricted stock units of DXC common stock. The award is a compensation grant, not an open‑market purchase, and increases his direct holdings, including unvested RSUs, to 731,427 shares.
Is the DXC (DXC) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant of restricted stock units, coded as a grant, award, or other acquisition. Drumgoole did not pay cash for these shares; they are part of his equity compensation package and vest over time starting in 2027.
How and when do Christopher Drumgoole’s new DXC RSUs vest?
The awarded 181,878 RSUs vest in three equal annual installments. Vesting begins on May 12, 2027, with one‑third of the units converting into DXC common shares each year on the scheduled vesting dates.
Did the DXC Form 4 disclose any stock sales or option exercises?
The Form 4 reports no stock sales or option exercises. It only records a single acquisition transaction: a grant of 181,878 restricted stock units of DXC common stock awarded to executive vice president Christopher Drumgoole.