Xerox officer vests 19,350 RSUs, pays taxes in stock
Xerox Holdings Corp officer William Twomey reported RSU vesting and related tax withholding.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 19,350 | $0.00 | $0.00 |
| Exercise | Common Stock | 19,350 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,354 | $1.75 | $16K |
Footnotes (3)
- F1. 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.
- F2. Restricted Stock Units convert into common stock on a one-for-one basis.
- F3. Of the 19,350 Restricted Stock Units that vested, 9,354 were withheld and disposed of for taxes.
FAQ
What did Xerox (XRX) officer William Twomey report in this Form 4 filing?
How many Xerox Restricted Stock Units vested for William Twomey on March 11, 2026?
What are William Twomey’s Xerox common stock holdings after these Form 4 transactions?
What is the vesting schedule of William Twomey’s 58,056 Xerox RSU award?
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