Xerox Holdings Corp SEC Filings

Xerox Holdings Corporation and Xerox Corporation announced a leadership change in their finance organization. The boards appointed Chuck Butler, currently Chief Business Services Officer, as the new Chief Financial Officer effective December 3, 2025, succeeding Mirlanda Gecaj. Butler, age 51, joined the company on July 1, 2025 through the acquisition of Lexmark International II, LLC, where he had served as senior vice president, chief financial officer and head of global business services since 2020. He will continue to oversee business services in this consolidated role.

There are no family relationships or related-party transactions involving Butler that require disclosure. In connection with her separation effective December 2, 2025, and subject to signing a General Release and Non-Competition Agreement, Gecaj will receive prorated continued vesting of her outstanding time-based and performance-based restricted stock units through December 2, 2026, and severance benefits under the company’s Officer Severance Program. The company later issued a press release on November 19, 2025 describing these management changes.

Xerox Holdings Corporation reported a larger business with continued losses. For the quarter ended September 30, 2025, revenue was $1,961 million, up from $1,528 million a year ago, reflecting the July 1 acquisition of Lexmark and broader growth across regions. Net loss was $760 million versus $1,205 million, and diluted loss per share was $6.01 versus $9.71.

Results included income tax expense of $460 million, primarily tied to valuation allowances recorded in 2025. Year‑to‑date operating cash flow was $16 million; investing cash flow included $674 million for acquisitions. On the balance sheet, long‑term debt rose to $4,052 million from $2,814 million, cash and cash equivalents were $479 million, and inventories increased to $1,143 million. Intangible assets and goodwill rose to $954 million and $2,182 million, respectively. Shareholders’ equity declined to $365 million from $1,076 million. The company now reports two segments: Print and Other, and IT Solutions. Shares outstanding were 128,040,011 as of October 31, 2025.

Xerox Holdings Corporation and Xerox Corporation furnished an update on business performance by announcing their combined third quarter 2025 earnings. The announcement was made via a press release attached as Exhibit 99.1 to an 8‑K under Item 2.02.

The press release includes non‑GAAP financial measures with reconciliations to GAAP and management’s stated reasons for their use. The information in Item 2.02 and Exhibit 99.1 is being furnished, not deemed filed, and is incorporated by reference only if specifically referenced elsewhere.

Xerox Holdings Corporation (XRX) disclosed on August 11, 2025 that Mr. Bruno resigned and Mr. Pastor was promoted to President and Chief Operating Officer. The company attached a press release as Exhibit 99.1 and stated the Item 7.01 disclosures and exhibits are incorporated by reference but are not being "filed" under Section 18 of the Exchange Act.

The document includes company signatures dated August 15, 2025 by Flor M. Colón in her role as Secretary for both Xerox Holdings Corporation and Xerox Corporation. There are no financial results, transaction details, or additional operational disclosures in this filing.

Form 4 — Xerox Holdings Corp (XRX)

Reporting person: Steven John Bandrowczak, CEO and director. On 08/02/2025, 60,071 Restricted Stock Units (RSUs) vested from a grant dated 08/02/2022 of 176,679 RSUs that vest in three annual installments. Per the form, RSUs convert 1-for-1 into common stock. Of the vested 60,071 shares, 27,837 were withheld and disposed for taxes at $3.94 per share. The filing lists post-transaction beneficial ownership: RSUs 1,113,300 (direct); common stock 442,513 (direct) and after the disposition 414,676 (direct). Form signed by attorney-in-fact Eric Risi on 08/05/2025.