Xerox (XRX) executive nets common shares after RSU vesting event
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xerox Holdings Corp officer William Twomey reported routine equity compensation activity. On June 11, 2026, 4,838 Restricted Stock Units converted into common stock on a one-for-one basis, with 2,083 shares disposed of to cover taxes. Twomey’s direct common stock holdings increased to 14,834 shares, and he continues to hold 146,228 Restricted Stock Units after this vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Twomey William
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,838 | $0.00 | -- |
| Exercise | Common Stock | 4,838 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,083 | $3.47 | $7K |
Holdings After Transaction:
Restricted Stock Unit — 146,228 shares (Direct, null);
Common Stock — 14,834 shares (Direct, null)
Footnotes (1)
- On May 21, 2025 the reporting person was granted an award of 58,056 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. Restricted Stock Units convert into common stock on a one-for-one basis. Of the 4,838 Restricted Stock Units that vested, 2,083 were withheld and disposed of for taxes.
Key Figures
RSUs vested: 4,838 units
Shares withheld for taxes: 2,083 shares at $3.47
Common shares after transaction: 14,834 shares
+2 more
5 metrics
RSUs vested
4,838 units
Restricted Stock Units converted into common stock on June 11, 2026
Shares withheld for taxes
2,083 shares at $3.47
Disposed of to satisfy tax obligations on June 11, 2026
Common shares after transaction
14,834 shares
Direct common stock holdings following June 11, 2026 transactions
RSUs remaining
146,228 units
Restricted Stock Units held after June 11, 2026 vesting
RSU award size
58,056 units
Restricted Stock Units granted on May 21, 2025
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion
3 terms
Restricted Stock Units financial
"On May 21, 2025 the reporting person was granted an award of 58,056 Restricted Stock Units"
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.
tax-withholding disposition financial
"2,083 were withheld and disposed of for taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did Xerox (XRX) report for William Twomey?
Xerox reported RSU vesting and related tax withholding for officer William Twomey. 4,838 Restricted Stock Units converted into common stock, and 2,083 shares were withheld and disposed of to satisfy tax obligations on June 11, 2026.
Were the Xerox (XRX) insider transactions open-market buys or sales?
The reported Xerox insider transactions were not open-market trades. They reflect RSU vesting and a tax-withholding disposition, where 2,083 shares were delivered to cover taxes rather than being sold in the open market.
What Restricted Stock Unit award does William Twomey have at Xerox (XRX)?
William Twomey received a 58,056-unit RSU award on May 21, 2025. It vests in nine installments, with one-third vesting March 11, 2026, and the rest vesting equally over the following eight quarters according to the Form 4 footnotes.
How do Restricted Stock Units convert into Xerox common stock for William Twomey?
Twomey’s Restricted Stock Units convert into Xerox common stock on a one-for-one basis. When units vest, each RSU delivers one common share, subject to shares being withheld and disposed of to cover applicable tax liabilities.