Form 4: DXC Technology Executive James Michael Brady Reports Stock Transaction
SEC Form 4 Filing
EVP and Chief Operating Officer of DXC Technology, James Michael Brady, reports disposition of shares to cover tax obligations from vested restricted stock units.
Summary
- On March 28, 2024, James Michael Brady, EVP and Chief Operating Officer of DXC Technology Co, disposed of 4,935 shares of common stock to satisfy tax liabilities.
- The shares were withheld at a price of $21.21 per share.
- This transaction was related to the vesting of 18,343 restricted stock units (RSUs) on the same date, with the vesting occurring in the first of three equal annual installments.
- Following the transaction, Brady directly owns 220,251 shares of DXC Technology Co, which includes unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock transaction and vesting of restricted stock units. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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