STOCK TITAN

Xerox (NYSE: XRX) officer nets shares from 19,350 RSU vesting and tax withholding

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

Rhea-AI Filing Summary

Xerox Holdings Corp officer William Twomey reported RSU vesting and related tax withholding. On March 11, 2026, 19,350 Restricted Stock Units from a prior award converted into the same number of Xerox common shares on a one-for-one basis.

Of these 19,350 vested units, 9,354 shares of common stock were withheld and disposed of at $1.75 per share to cover tax obligations, leaving Twomey with 9,996 common shares held directly after the transactions. The original May 21, 2025 award was for 58,056 RSUs, with one-third vesting on March 11, 2026 and the remaining 38,706 vesting equally over the following eight quarters.

Positive

  • None.

Negative

  • None.
Insider Twomey William
Role See Remarks
Type Security Shares Price Value
Exercise Restricted Stock Unit 19,350 $0.00 --
Exercise Common Stock 19,350 $0.00 --
Tax Withholding Common Stock 9,354 $1.75 $16K
Holdings After Transaction: Restricted Stock Unit — 38,706 shares (Direct); Common Stock — 19,350 shares (Direct)
Footnotes (1)
  1. On May 21, 2025 the reporting person was granted an award of 58,056 Restricted Stock Units, which vests in in nine installments with one-third (33.33%) vesting on March 11, 2026, and the remainder vesting equally over the following eight (8) quarters. Restricted Stock Units convert into common stock on a one-for-one basis. Of the 19,350 Restricted Stock Units that vested, 9,354 were withheld and disposed of for taxes.
SEC Form 4
FORM 4 UNITED 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*
Twomey William

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

(Street)
NORWALK CT 0651-10156

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Xerox Holdings Corp [ XRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Restricted Stock Unit 03/11/2026 M 19,350(1) D $0 38,706 D
Common Stock 03/11/2026 M 19,350(1) A (2) 19,350 D
Common Stock 03/11/2026 F 9,354 D $1.75 9,996(3) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On May 21, 2025 the reporting person was granted an award of 58,056 Restricted Stock Units, which vests in in nine installments with one-third (33.33%) vesting on March 11, 2026, and the remainder vesting equally over the following eight (8) quarters.
2. Restricted Stock Units convert into common stock on a one-for-one basis.
3. Of the 19,350 Restricted Stock Units that vested, 9,354 were withheld and disposed of for taxes.
Remarks:
Chief Accounting Officer
/s/ Eric Risi, as attorney-in-fact 03/13/2026
** Signature of Reporting Person Date
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.

FAQ

What did Xerox (XRX) officer William Twomey report in this Form 4 filing?

William Twomey reported the vesting of 19,350 Restricted Stock Units that converted into Xerox common stock. He also disclosed that a portion of these newly issued shares was withheld and disposed of to satisfy tax obligations associated with the vesting event.

How many Xerox Restricted Stock Units vested for William Twomey on March 11, 2026?

On March 11, 2026, 19,350 Restricted Stock Units vested for William Twomey. These units came from a 58,056-unit award granted on May 21, 2025, with one-third vesting on that date and the remaining units vesting in equal installments over eight subsequent quarters.

How many Xerox (XRX) shares were withheld for taxes in William Twomey’s Form 4?

Of the 19,350 vested units, 9,354 shares of Xerox common stock were withheld and disposed of for taxes. The tax-related disposition occurred at a reported price of $1.75 per share, reflecting payment of tax liabilities tied to the RSU vesting.

What are William Twomey’s Xerox common stock holdings after these Form 4 transactions?

Following the reported transactions, William Twomey held 9,996 shares of Xerox common stock directly. This reflects the net position after 19,350 shares were issued upon RSU vesting and 9,354 of those shares were withheld and disposed of to cover associated tax obligations.

What is the vesting schedule of William Twomey’s 58,056 Xerox RSU award?

The 58,056 Restricted Stock Units granted on May 21, 2025 vest in nine installments. One-third, or 19,350 units, vested on March 11, 2026, and the remaining 38,706 units are scheduled to vest equally over the following eight calendar quarters.

Does William Twomey’s Form 4 show an open-market sale of Xerox (XRX) shares?

The Form 4 shows 9,354 shares disposed of under transaction code F, indicating shares were withheld to pay taxes. This tax-withholding disposition is different from an open-market sale and is tied directly to the vesting of Restricted Stock Units.