Xerox (XRX) executive Gueden receives 550,562 RSUs with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xerox Holdings Corp executive Jacques-Edouard Gueden reported an acquisition of 550,562 Restricted Stock Units as equity compensation. These units were recorded at a price of $0.00 per unit and increase his directly held equity-based awards to 683,089 units after the transaction.
According to the award terms, one-third of the RSUs (33.33%) will vest on March 11, 2027, with the remaining units vesting in equal installments over the following eight quarters. This structure ties a significant portion of his compensation to the company’s future performance and continued service over multiple years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gueden Jacques-Edouard
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 550,562 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 683,089 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs acquired: 550,562 units
Transaction price per unit: $0.00
Holdings after transaction: 683,089 units
+3 more
6 metrics
RSUs acquired
550,562 units
Restricted Stock Units granted to Jacques-Edouard Gueden
Transaction price per unit
$0.00
Recorded price for RSU acquisition
Holdings after transaction
683,089 units
Total direct equity-based holdings post-award
Initial vesting portion
33.33%
Portion vesting on March 11, 2027
Initial vesting date
March 11, 2027
First vesting date for RSU award
Remaining vesting periods
8 quarters
Equal installments after initial vesting
Key Terms
Restricted Stock Unit, vests in nine installments, 33.33%, quarters
4 terms
Restricted Stock Unit financial
"This award of restricted stock units vests in nine installments"
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"
33.33% financial
"with one-third (33.33%) vesting on March 11, 2027"
quarters financial
"and the remainder vesting equally over the following eight (8) quarters"