Form 4: DXC Technology CEO Raul Fernandez Reports Stock Transaction
SEC Form 4 Filing
DXC Technology CEO Raul Fernandez reports the withholding of shares to cover tax liabilities from vesting restricted stock units.
Summary
- On January 31, 2025, DXC Technology CEO Raul Fernandez had 19,803 shares of common stock withheld to cover tax liabilities arising from the vesting of 67,469 restricted stock units (RSUs).
- The shares were withheld at a price of $21.72.
- Following the transaction, Fernandez directly owns 479,413 shares of DXC Technology, which includes unvested RSUs.
- Fernandez has granted power of attorney to Matthew Fawcett, Christopher Voci, Natalia Miro-Quesada, and Patrick Lovely to handle SEC filings related to DXC Technology stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of the CEO's stock holdings.
Key Dates
| Date | Description |
|---|---|
| 06/21/24 | Date of Raul Fernandez's Power of Attorney execution. |
| 01/31/2025 | Date of stock transaction (shares withheld for tax liabilities). |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
DXC Technology, Raul Fernandez, Form 4, SEC, Stock Transaction, Restricted Stock Units, RSUs, Power of Attorney, Beneficial Ownership
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