Xerox (XRX) legal chief reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Xerox Holdings Corporation officer Colon Flor reported routine equity award activity. On January 18, 2026, 2,228 Restricted Stock Units vested from an award of 6,552 units originally granted on January 18, 2023, which was scheduled to vest in three annual installments of 33%, 33% and 34%.
The vested Restricted Stock Units converted into 2,228 shares of Xerox common stock on a one-for-one basis. Of these vested units, 922 shares were withheld and disposed of to cover taxes, recorded at a price of $2.72 per share. After these transactions, Flor directly held 192,561 Restricted Stock Units and 15,793 shares of common stock, reflecting ongoing equity-based compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insights
Routine vesting and tax withholding from an existing RSU award.
The filing shows Colon Flor, Chief Legal Officer and Corporate Secretary of Xerox Holdings Corporation, reporting the scheduled vesting of a prior equity grant. An award of 6,552 Restricted Stock Units granted on January 18, 2023 vested in three annual tranches, with 2,228 units vesting on January 18, 2026 and converting into the same number of common shares.
The conversion is recorded at an exercise price of $0 per unit, typical for RSUs, and 922 of the newly vested shares were withheld and disposed of at $2.72 per share to satisfy tax obligations. After these events, Flor reports direct ownership of 192,561 Restricted Stock Units and 15,793 common shares. This pattern aligns with standard executive compensation mechanics and does not, by itself, signal a change in strategic stance or outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,228 | $0.00 | -- |
| Exercise | Common Stock | 2,228 | $0.00 | -- |
| Tax Withholding | Common Stock | 922 | $2.72 | $3K |
Footnotes (1)
- On January 18, 2023, the reporting person was granted an award of 6,552 Restricted Stock Units, which vested in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date. Restricted Stock Units convert into common stock on a one-for-one basis. Of the 2,228 Restricted Stock Units that vested, 922 were withheld and disposed of for taxes.