XRX (NASDAQ: XRX) files notice to sell 39,000 warrants via broker-dealer

Rhea-AI Filing Summary

XRX submitted a Form 144 notice reporting the proposed sale of 39,000 warrants by a broker-dealer on 06/25/2026. The filing lists the security as a warrant associated with a spin off and shows prior sales by Steven J. Bandrowczak on 05/28/2026, 05/29/2026 and 06/04/2026 with listed amounts.

Key Figures

Warrants offered: 39,000 warrants Prior sale quantity: 64,395 warrants Prior sale quantity: 18,795 warrants +3 more

6 metrics

Warrants offered 39,000 warrants listed in securities to be sold section, <date>06/25/2026</date>

Prior sale quantity 64,395 warrants sale on <date>05/28/2026</date> with amount $29,158.06

Prior sale quantity 18,795 warrants sale on <date>05/29/2026</date> with amount $8,457.75

Prior sale quantity 47,927 warrants sale on <date>06/04/2026</date> with amount $22,532.04

Broker-dealer Morgan Stanley Smith Barney LLC listed as broker-dealer in filing header

Exchange NASDAQ exchange referenced in excerpt

Key Terms

Warrant, Spin off, Issuer

3 terms

Warrant financial

"Warrant | Morgan Stanley Smith Barney LLC Executive Financial Services"

A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.

Spin off corporate

"02/13/2026 | Spin off | Issuer"

A spin-off is when a company separates one part of its operations into a new, independent company and distributes shares of that new business to existing shareholders. Think of it like a parent splitting a large household into two smaller homes so each can manage its own budget and goals. Investors watch spin-offs because they can reveal hidden value, change growth and risk profiles, and create separate investment choices that may trade at different prices than the original company.

Issuer regulatory

"02/13/2026 | Spin off | Issuer"

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Available on EDGAR 06/25/2026 - 04:14 PM Accepted by SEC EDGAR 06/25/2026 - 04:13 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Warrant	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	39000	11540.10	130779611	06/25/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Warrant	02/13/2026	Spin off	Issuer			39000	02/13/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
STEVEN J BANDROWCZAK 401 MERRITT 7 NORWALK CT 06851	Warrant	06/04/2026	47927	22532.04
STEVEN J BANDROWCZAK 401 MERRITT 7 NORWALK CT 06851	Warrant	05/29/2026	18795	8457.75
STEVEN J BANDROWCZAK 401 MERRITT 7 NORWALK CT 06851	Warrant	05/28/2026	64395	29158.06

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does XRX's Form 144 report say about the securities being sold?

The filing lists 39,000 warrants as the securities to be sold, dated 06/25/2026. It identifies the instrument as a warrant tied to a spin off and names Morgan Stanley Smith Barney LLC as the broker-dealer in the entry shown.

Who is shown as having sold warrants in the filing for XRX?

The filing lists prior sales by Steven J. Bandrowczak with sale dates of 05/28/2026, 05/29/2026, and 06/04/2026. Each sale row in the excerpt shows quantities and dollar figures associated with those dates.

What sale quantities and dollar amounts are shown in XRX's excerpt?

Examples in the filing include: 64,395 warrants for $29,158.06 on 05/28/2026; 18,795 warrants for $8,457.75 on 05/29/2026; and 47,927 warrants for $22,532.04 on 06/04/2026 as listed in the excerpt.

Which broker-dealer and listing exchange appear in the filing excerpt?

The broker-dealer identified is Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza. The filing entry also references NASDAQ as the exchange in the excerpted line.

Does the filing indicate the sale arose from a spin-off?

Yes. The excerpt contains a line that pairs the listed warrant with a Spin off descriptor and labels the role as Issuer, dated 02/13/2026, in the securities-to-be-sold section.