DXC Technology (NYSE: DXC) executive uses shares to pay RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DXC Technology executive Raymond Alexander had 21,596 shares of common stock withheld at $9.23 per share to cover tax liabilities from 47,619 restricted stock units that vested on June 16, 2026. After this tax-withholding disposition, he directly holds 394,562 shares, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
August Raymond Alexander
Role
President, Insurance SW & Svcs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 21,596 | $9.23 | $199K |
Holdings After Transaction:
Common Stock — 394,562 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liabilities arising from 47,619 restricted stock units (RSUs) that vested on June 16, 2026. Amount reported includes unvested RSUs.
Key Figures
Tax-withheld shares: 21,596 shares
Withholding price: $9.23 per share
RSUs vested: 47,619 RSUs
+1 more
4 metrics
Tax-withheld shares
21,596 shares
Shares delivered to satisfy tax liabilities on vesting
Withholding price
$9.23 per share
Value used for tax-withholding disposition
RSUs vested
47,619 RSUs
Restricted stock units that vested on June 16, 2026
Shares after transaction
394,562 shares
Direct holdings following tax-withholding disposition; includes unvested RSUs
Key Terms
restricted stock units (RSUs), tax-withholding disposition, Form 4, unvested RSUs
4 terms
restricted stock units (RSUs) financial
"Shares withheld to satisfy tax liabilities arising from 47,619 restricted stock units (RSUs) that vested on June 16, 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 related to vested RSUs."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): report of non-derivative transaction."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
unvested RSUs financial
"Amount reported includes unvested RSUs."
FAQ
What insider transaction did DXC (DXC) report for Raymond Alexander?
DXC reported a tax-withholding disposition by Raymond Alexander, where 21,596 common shares were withheld at $9.23 per share. The shares covered taxes arising from 47,619 restricted stock units that vested on June 16, 2026, as part of his equity compensation.
Was the DXC (DXC) insider activity an open-market sale or tax withholding?
The activity was tax withholding, not an open-market trade. 21,596 shares were delivered to satisfy tax liabilities when 47,619 restricted stock units vested. Such F-code transactions are typically mechanical for compensation plans rather than discretionary buying or selling decisions in the market.
What triggered the DXC (DXC) tax-withholding transaction on June 16, 2026?
The tax-withholding arose when 47,619 restricted stock units vested on June 16, 2026. To cover related tax liabilities, 21,596 common shares were withheld and disposed of at $9.23 per share, consistent with standard equity compensation and payroll tax practices for senior executives.
What does transaction code F mean in this DXC (DXC) Form 4?
Transaction code F indicates payment of tax liability or exercise price by delivering securities. In this case, 21,596 DXC shares were withheld to satisfy taxes from vesting of 47,619 restricted stock units, rather than representing a typical open-market sale by the executive.