Director at Xerox Holdings Corp (XRX) receives 148,255 deferred stock units
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 148,255 shares
Net Buy
1 txn
Insider
Letier A. Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 148,255 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 359,775 shares (Direct)
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
Deferred Stock Units granted: 148,255 units
Total Deferred Stock Units after grant: 359,775 units
Dividend equivalent DSUs: 8,493 units
+3 more
6 metrics
Deferred Stock Units granted
148,255 units
Grant/award on May 20, 2026 at $0.00 per unit
Total Deferred Stock Units after grant
359,775 units
Direct holdings following the reported transaction
Dividend equivalent DSUs
8,493 units
Additional DSUs credited from dividend equivalents
Transaction code
A (Grant, award, or other acquisition)
Form 4 classification of the DSU grant
Vesting date
May 20, 2027
Date when the newly granted DSUs will vest
Settlement condition
1 share per DSU
Paid in common stock after director’s service ends or upon death
Key Terms
Deferred Stock Units, dividend equivalents, vest
3 terms
Deferred Stock Units financial
"Each Deferred Stock Unit (DSU) represents the right to receive one share of common stock"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalents financial
"Balance adjusted to reflect 8,493 DSUs awarded from dividend equivalents attributable to DSUs"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
vest financial
"The DSUs will vest on May 20, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Xerox (XRX) disclose for Letier A. Scott?
Xerox disclosed that director Letier A. Scott received 148,255 Deferred Stock Units. These were granted at $0.00 per unit and are payable in Xerox common shares after service as a director ends or upon death, subject to any deferral period.
How many Deferred Stock Units does Letier A. Scott hold after this Xerox (XRX) grant?
After the latest grant, Letier A. Scott holds 359,775 Deferred Stock Units directly. This total includes the 148,255 units granted on May 20, 2026 and 8,493 units credited as dividend equivalents on previously held Deferred Stock Units.
When do Letier A. Scott’s newly granted Xerox (XRX) Deferred Stock Units vest?
The newly granted Deferred Stock Units for Letier A. Scott will vest on May 20, 2027. Vesting means the units become non-forfeitable, although they are settled in Xerox common stock only after service as a director ends or upon death.
What does one Xerox (XRX) Deferred Stock Unit represent in this Form 4 filing?
Each Xerox Deferred Stock Unit represents the right to receive one share of Xerox common stock. Delivery occurs after Letier A. Scott’s termination of service as a director or death, and may be subject to a deferral period described in the applicable plan.
What are dividend equivalent Deferred Stock Units in the Xerox (XRX) filing?
Dividend equivalent Deferred Stock Units are additional units credited based on dividends on previously held units. The filing notes Scott’s balance was adjusted to include 8,493 Deferred Stock Units awarded as dividend equivalents tied to earlier Deferred Stock Unit holdings.