Xerox Holdings Corp (XRX) officer reports RSU vesting and tax withholding
Rhea-AI Filing Summary
Xerox Holdings Corp officer Louis Pastor reported vesting of Restricted Stock Units that converted into common stock. On March 11, 2026, 78,609 RSUs from a May 21, 2025 grant of 235,850 units and 27,265 RSUs from a March 11, 2024 grant of 81,803 units vested and were exercised on a one-for-one basis into common shares.
To cover taxes, 24,637 and 8,545 of the newly issued shares were withheld and disposed of at $1.75 per share. After these compensation-related transactions and tax-withholding dispositions, Pastor directly holds 197,653 shares of Xerox common stock.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting increases insider share ownership, with part withheld for taxes.
The transactions show Louis Pastor receiving equity compensation through RSU vesting that converts one-for-one into common stock. Two grants are involved: 235,850 RSUs granted on May 21, 2025 and 81,803 RSUs granted on March 11, 2024, each vesting in scheduled installments.
On March 11, 2026, 78,609 and 27,265 RSUs vested and were converted, while 24,637 and 8,545 shares were withheld at $1.75 per share to satisfy tax obligations. There are no open-market sales, and Pastor’s direct holdings rise to 197,653 shares, indicating a compensation-driven, routine equity event rather than a discretionary share sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 78,609 | $0.00 | -- |
| Exercise | Common Stock | 78,609 | $0.00 | -- |
| Tax Withholding | Common Stock | 24,637 | $1.75 | $43K |
| Exercise | Restricted Stock Unit | 27,265 | $0.00 | -- |
| Exercise | Common Stock | 27,265 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,545 | $1.75 | $15K |
Footnotes (1)
- On May 21, 2025 the reporting person was granted an award of 235,850 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 78,609 Restricted Stock Units that vested, 24,637 were withheld and disposed of for taxes. On March 11, 2024, the Reporting Person was granted an award of 81,803 Restricted Stock Units, which vests in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date. Of the 27,265 Restricted Stock Units that vested, 8,545 were withheld and disposed of for taxes.