Xerox (XRX) officer gains 112,360 shares through restricted stock unit exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xerox Holdings Corp officer William Twomey acquired shares through equity compensation. A Form 4 shows he exercised or converted restricted stock units into 112,360 shares at a price of $0.00 per share on May 20, 2026.
Following this transaction, he directly owned 151,066 shares of Xerox common stock. A related award of restricted stock units is scheduled to vest in nine installments, with one-third vesting on March 11, 2027 and the remaining two-thirds vesting in equal amounts over the next eight quarters.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Twomey William
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 112,360 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 151,066 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 112,360 shares
Transaction price: $0.00 per share
Shares owned after: 151,066 shares
+2 more
5 metrics
Shares acquired
112,360 shares
Exercise or conversion of restricted stock units on May 20, 2026
Transaction price
$0.00 per share
Equity compensation exercise price
Shares owned after
151,066 shares
Direct Xerox holdings following the reported transaction
Initial vesting tranche
33.33% of RSU award
Vests on March 11, 2027 under RSU schedule
Remaining vesting installments
8 quarterly installments
Balance of RSU award vests equally over following eight quarters
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, directly owned, vests in nine installments
4 terms
Restricted Stock Unit financial
"The security title is listed as "Restricted Stock Unit" in the transaction."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"The transaction code description states "Exercise or conversion of derivative security"."
directly owned financial
"Following this transaction, he directly owned 151,066 shares of Xerox common stock."
vests in nine installments financial
"This award of restricted stock units vests in nine installments with one-third vesting on March 11, 2027."
FAQ
What insider transaction did William Twomey report for Xerox (XRX)?
William Twomey reported acquiring shares of Xerox common stock by exercising or converting restricted stock units. The Form 4 shows this derivative exercise occurred on May 20, 2026 and increased his directly held Xerox share position.
What are William Twomey’s Xerox (XRX) holdings after the reported transaction?
After the transaction, William Twomey directly held 151,066 shares of Xerox common stock. This figure reflects his ownership position immediately following the exercise or conversion of restricted stock units reported in the Form 4.
How do William Twomey’s Xerox (XRX) restricted stock units vest?
The restricted stock unit award vests in nine installments. One-third, or 33.33%, vests on March 11, 2027, and the remaining restricted stock units vest in equal installments over the following eight calendar quarters, according to the Form 4 footnote.
Is William Twomey’s Xerox (XRX) Form 4 transaction an open-market trade?
No. The filing characterizes the transaction as an exercise or conversion of restricted stock units at $0.00 per share. This indicates equity compensation vesting rather than an open-market purchase or sale of Xerox shares on a stock exchange.