Xerox director granted 148,255 deferred units
Letier A. Scott reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Letier A. Scott reported acquisition or exercise transactions in this Form 4 filing.
Xerox Holdings Corp director Letier A. Scott reported an award of 148,255 Deferred Stock Units. These units were granted at a price of $0.00 per unit and increase Scott’s direct holdings to 359,775 Deferred Stock Units.
Each Deferred Stock Unit represents the right to receive one share of Xerox common stock after Scott’s termination of service as a director or death, subject to any applicable deferral period. According to the filing, these Deferred Stock Units will vest on May 20, 2027, and the reported balance also reflects 8,493 additional units credited from dividend equivalents on previously held units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 148,255 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Deferred Stock Unit (DSU) represents the right to receive one share of common stock upon the reporting person's termination of service as a director or death, subject to any applicable deferral period.
- F2. The DSUs will vest on May 20, 2027.
- F3. Balance adjusted to reflect 8,493 DSUs awarded from dividend equivalents attributable to DSUs held as of the relevant record dates.
Key Figures
Key Terms
Deferred Stock Units financial
dividend equivalents financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xerox (XRX) disclose for Letier A. Scott?
How many Deferred Stock Units does Letier A. Scott hold after this Xerox (XRX) grant?
When do Letier A. Scott’s newly granted Xerox (XRX) Deferred Stock Units vest?
What does one Xerox (XRX) Deferred Stock Unit represent in this Form 4 filing?
What are dividend equivalent Deferred Stock Units in the Xerox (XRX) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.