Xerox (XRX) director John G. Bruno awarded 87,209 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xerox Holdings Corp director John G. Bruno received a compensation grant of 87,209 Restricted Stock Units (RSUs) on May 20, 2026. The award was granted at no cash cost and will vest on May 20, 2027. Each RSU converts into one share of Xerox common stock upon settlement. After this grant, Bruno holds a reported total of 707,089 RSUs or equivalent shares directly, indicating this is a routine equity-based compensation award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRUNO JOHN G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 87,209 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 707,089 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 87,209 units
Grant price: $0.0000 per unit
Total holdings after grant: 707,089 units
+2 more
5 metrics
RSUs granted
87,209 units
Award of Restricted Stock Units on May 20, 2026
Grant price
$0.0000 per unit
Compensation grant, not open-market purchase
Total holdings after grant
707,089 units
Direct holdings following the RSU award
Vesting date
May 20, 2027
RSU award vests on this date
Conversion ratio
1 RSU : 1 share
RSUs convert into common stock on a one-for-one basis
Key Terms
Restricted Stock Units, grant, award, or other acquisition, vests, one-for-one basis
4 terms
Restricted Stock Units financial
"the reporting person was granted an award of 87,209 Restricted Stock Units, which vests on May 20, 2027"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vests financial
"which vests on May 20, 2027"
one-for-one basis financial
"Restricted Stock Units convert into common stock on a one-for-one basis"
FAQ
What insider transaction did Xerox (XRX) director John G. Bruno report?
John G. Bruno reported receiving a grant of 87,209 Restricted Stock Units as compensation. The RSUs were awarded at no cash cost and represent additional equity-based pay, increasing his reported direct holdings to a total of 707,089 units or equivalent shares.
When do John G. Bruno’s newly granted Xerox (XRX) RSUs vest?
The 87,209 Restricted Stock Units granted to John G. Bruno vest on May 20, 2027. Vesting means the award becomes earned at that date, after which the RSUs can convert into Xerox common shares on the disclosed one-for-one basis.
What does a grant of Restricted Stock Units mean for Xerox (XRX) insiders?
A grant of Restricted Stock Units is a form of equity compensation, not a market purchase. The insider receives units that can later convert into common stock, typically after a vesting period, aligning their interests with shareholders without immediate cash changing hands.
Did John G. Bruno buy or sell Xerox (XRX) stock in the market?
The Form 4 shows a grant of 87,209 Restricted Stock Units classified as a “grant, award, or other acquisition.” This is a compensation award at zero price per unit, not an open-market stock purchase or sale involving cash transactions on a stock exchange.
What is the conversion rate of John G. Bruno’s Xerox (XRX) RSUs to common stock?
The footnote states that Restricted Stock Units convert into Xerox common stock on a one-for-one basis. Each vested RSU can be settled for one share, so 87,209 RSUs correspond to up to 87,209 shares when they are ultimately delivered.