Form 4: DXC Technology Executive Mary E. Finch Reports Stock Transactions
SEC Form 4 Filing
Mary E. Finch, EVP, CHRO & Global Lead, Mktg at DXC Technology Co, reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On May 23, 2024, Mary E. Finch, an executive at DXC Technology Co, had shares withheld to cover tax liabilities.
- 31,898 shares were withheld at a price of $15.94 to cover tax liabilities from 61,997 FY2022 performance-vesting restricted stock units that vested on May 23, 2024.
- An additional 9,741 shares were withheld at a price of $15.94 to cover tax liabilities from 18,932 restricted stock units that vested on May 23, 2024.
- Following these transactions, Finch beneficially owns 367,037 shares of DXC Technology Co, which includes unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transactions: shares withheld for tax liabilities related to vesting restricted stock units. |
| 05/28/2024 | Date of signature by Attorney-in-Fact, Zafar A. Hasan. |
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