STOCK TITAN

Xerox (XRX) awards 449,438 restricted stock units vesting through 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Xerox Holdings Corp reported that officer Chuck Douglas Butler acquired an award of 449,438 restricted stock units on May 20, 2026. These units carry no exercise price and represent equity-based compensation, not an open-market purchase. The award vests in nine installments, with one-third vesting on March 11, 2027 and the remaining two-thirds vesting equally over the following eight quarters, creating a multi‑year retention and incentive structure.

Positive

  • None.

Negative

  • None.
Insider Butler Chuck Douglas
Role See Remarks
Type Security Shares Price Value
Exercise Restricted Stock Unit 449,438 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 449,438 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock units awarded 449,438 units Award to officer Chuck Douglas Butler on May 20, 2026
Price per unit $0.0000 Restricted stock unit award compensation structure
Units outstanding after transaction 449,438 units Total restricted stock units held directly following award
Initial vesting portion 33.33% Vests on March 11, 2027, first installment of award
Remaining vesting installments 8 quarters Balance of award vests equally over next eight quarters
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..."
vesting equally over the following eight (8) quarters financial
"and the remainder vesting equally over the following eight (8) quarters."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Butler Chuck Douglas

(Last)(First)(Middle)
XEROX HOLDINGS CORPORATION
P.O. BOX 4505 401 MERITT 7

(Street)
NORWALK CONNECTICUT 0651-10156

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Xerox Holdings Corp [ XRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Restricted Stock Unit05/20/2026M449,438(1)D$0449,438D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This award of restricted stock units vests in nine installments with one-third (33.33%) vesting on March 11, 2027, and the remainder vesting equally over the following eight (8) quarters.
Remarks:
Chief Financial Officer
/s/ Eric Risi, as attorney-in-fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Xerox (XRX) report for Chuck Douglas Butler?

Xerox reported that officer Chuck Douglas Butler received an award of 449,438 restricted stock units. This is equity-based compensation rather than an open-market stock purchase, aligning part of his pay with Xerox’s future share performance over a multi‑year period.

How many restricted stock units did the Xerox (XRX) officer receive?

The officer received 449,438 restricted stock units. These units convert into Xerox shares as they vest over time, tying compensation to the company’s long‑term results instead of immediate cash, and encouraging continued service and performance through the vesting schedule.

What is the vesting schedule for the 449,438 Xerox (XRX) restricted stock units?

The award vests in nine installments, with one-third vesting on March 11, 2027. The remaining two-thirds vest equally over the next eight quarters, gradually delivering shares over several years and supporting long‑term retention of the officer at Xerox Holdings Corp.

Did the Xerox (XRX) insider pay cash for these 449,438 units?

No cash was paid for these 449,438 restricted stock units, which have a reported price per unit of 0.0000. They are granted as part of the officer’s compensation and become actual shares only as they vest according to the disclosed schedule.

Are these Xerox (XRX) restricted stock units an open-market stock purchase?

No, the transaction reflects an equity award of restricted stock units, not an open-market purchase. The units vest over time starting March 11, 2027, meaning the officer earns actual Xerox shares gradually rather than buying them directly on the market.