Xerox CLO’s 12,096 RSUs vest; shares withheld
Xerox’s chief legal officer reported RSU vesting into common shares, with a portion withheld to cover taxes.
Rhea-AI Filing Summary
Xerox Holdings Corp (XRX) reported that Chief Legal Officer and Corporate Secretary Colon Flor had 12,096 Restricted Stock Units vest on September 11, 2026, converting into an equal number of common shares. Of these, 4,361 shares were withheld and disposed of to cover tax liability, and Flor continues to hold 391,410 Restricted Stock Units. No transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Colon Flor
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 12,096 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 12,096 | -- | -- |
| Tax Withholding | Common Stock F3 | 4,361 | $3.43 | $15K |
Holdings After Transaction:
Restricted Stock Unit — 391,410 shares (Direct);
Common Stock — 67,416 shares (Direct)
Footnotes (3)
- F1. On May 21, 2025 the reporting person was granted an award of 145,138 Restricted Stock Units, which vests in in nine installments with one-third (33.33%) vesting on March 11, 2026, and the remainder vesting equally over the following eight (8) quarters.
- F2. Restricted Stock Units convert into common stock on a one-for-one basis.
- F3. Of the 12,096 Restricted Stock Units that vested, 4,361 were withheld and disposed of for taxes.
Key Figures
RSUs Vested: 12,096 units
Shares Withheld for Taxes: 4,361 shares
Tax Withholding Price: $3.43 per share
+4 more
7 metrics
RSUs Vested
12,096 units
Restricted Stock Units vested on September 11, 2026
Shares Withheld for Taxes
4,361 shares
Common shares withheld and disposed of to cover tax liability from vesting
Tax Withholding Price
$3.43 per share
Price used for the 4,361 common shares withheld for taxes
RSUs Remaining
391,410 units
Restricted Stock Units held after the vesting transaction
Original RSU Grant
145,138 units
RSUs granted to Colon Flor on May 21, 2025
Initial Vesting Tranche
33.33%
Portion of the 145,138 RSUs scheduled to vest on March 11, 2026
Remaining Vesting Schedule
8 quarters
Number of equal quarterly installments after the first vesting tranche
Key Terms
Restricted Stock Unit, vests, one-for-one basis, tax liability, +1 more
5 terms
Restricted Stock Unit financial
"the reporting person was granted an award of 145,138 Restricted Stock Units"
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.
vests financial
"which vests in in nine installments with one-third (33.33%) vesting"
one-for-one basis financial
"Restricted Stock Units convert into common stock on a one-for-one basis"
tax liability financial
"4,361 were withheld and disposed of for taxes"
Rule 10b5-1 regulatory
"Rule 10b5-1 trading plan checkbox for these transactions was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transaction did Xerox (XRX) report for Colon Flor?
Xerox reported that Colon Flor had 12,096 Restricted Stock Units vest on September 11, 2026, which converted into 12,096 common shares. This arose from a previously granted RSU award that is vesting over time.
How many Restricted Stock Units does Colon Flor still hold at Xerox (XRX)?
After this vesting event, Colon Flor continues to hold 391,410 Restricted Stock Units tied to Xerox stock, according to the reported post-transaction RSU balance.
What were the original terms of Colon Flor’s RSU grant at Xerox (XRX)?
On May 21, 2025, Colon Flor received an award of 145,138 Restricted Stock Units, with 33.33% vesting on March 11, 2026 and the remaining units vesting equally over the following eight quarters.
Were Xerox (XRX) insider transactions made under a Rule 10b5-1 plan?
The filing indicates no Rule 10b5-1 trading plan for these transactions; the document-level checkbox for such a plan was not marked as affirmative.
What is the conversion rate for Xerox (XRX) Restricted Stock Units in this filing?
The disclosure states that Restricted Stock Units convert into Xerox common stock on a one-for-one basis, meaning each vested RSU delivers one share of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.