Xerox (NYSE: XRX) officer nets shares from 19,350 RSU vesting and tax withholding
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
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.
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.