Large RSU grant to Xerox (XRX) director and officer Louis Pastor disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PASTOR LOUIS reported acquisition or exercise transactions in this Form 4 filing.
Xerox Holdings Corp director and officer Louis Pastor reported receiving a grant of restricted stock units. The award covers 1,348,315 restricted stock units at no cash cost, increasing his directly held equity-based units to 1,532,829 after the transaction.
The grant vests over time, with one-third vesting on March 11, 2027, and the remaining two-thirds vesting in equal installments over the following eight quarters. This structure ties the value of the award to Pastor’s continued service and Xerox’s future share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PASTOR LOUIS
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,348,315 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,532,829 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,348,315 units
Holdings after grant: 1,532,829 units
Grant price per unit: $0.00 per unit
+2 more
5 metrics
RSU grant size
1,348,315 units
Restricted stock units awarded on May 20, 2026
Holdings after grant
1,532,829 units
Total restricted stock units directly held after transaction
Grant price per unit
$0.00 per unit
Compensation award, not open-market purchase
Initial vesting tranche
33.33% of award
Vests on March 11, 2027
Remaining vesting schedule
8 equal quarterly installments
Covers remaining two-thirds of RSU award
Key Terms
Restricted Stock Unit, vests in nine installments, quarters
3 terms
Restricted Stock Unit financial
"This award of restricted stock units vests in nine installments with one-third (33.33%) vesting on March 11, 2027"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vests in nine installments financial
"This award of restricted stock units vests in nine installments with one-third (33.33%) vesting on March 11, 2027"
quarters financial
"and the remainder vesting equally over the following eight (8) quarters"
FAQ
What insider transaction did Xerox (XRX) director Louis Pastor report?
Louis Pastor reported receiving a grant of restricted stock units. The award covers 1,348,315 units at a price of $0.00 per unit, reflecting equity-based compensation rather than a cash purchase on the open market.
How many Xerox (XRX) restricted stock units were granted to Louis Pastor?
Louis Pastor was granted 1,348,315 restricted stock units. These units represent a significant equity-based award that will convert into Xerox shares as they vest over time, aligning part of his compensation with future company performance.
What are Louis Pastor’s Xerox (XRX) holdings after this Form 4 transaction?
After the award, Louis Pastor holds 1,532,829 restricted stock units directly. This total includes the newly granted 1,348,315 units and reflects his updated equity-based position tied to Xerox’s share price and future vesting schedule.
How do the newly granted Xerox (XRX) restricted stock units vest for Louis Pastor?
The restricted stock units vest in nine installments. One-third, or 33.33%, vests on March 11, 2027, while the remaining two-thirds vest in equal installments over the following eight quarters, spreading the award over multiple years.