4/A: Xerox Director Amends RSU Award Filing, Correcting Share Count

Xerox Holdings Corporation's Director, Amy B Schwetz, filed an amended Form 4 to correct a clerical error regarding the number of Restricted Stock Units awarded on May 21, 2025.

Summary

• Amy B Schwetz, a Director at Xerox Holdings Corporation (XRX), filed an amended Form 4 (Form 4/A) on June 16, 2025.
• The amendment was filed to correct an inadvertent clerical error in a previously reported Restricted Stock Unit (RSU) award.
• The original Form 4, filed on May 23, 2025, incorrectly reported that 44,378 RSUs were awarded.
• The correct number of Restricted Stock Units awarded to Ms. Schwetz on May 21, 2025, is 42,134.
• These 42,134 RSUs were acquired at a price of $0 and are scheduled to vest on May 21, 2026.

Sentiment

Score: 5

Explanation: The document is a factual correction of a clerical error in an insider transaction report, which is neutral in terms of company performance or outlook.

Positives

• The company is demonstrating commitment to accurate disclosure by promptly correcting a clerical error in its insider transaction reports.
• The award of 42,134 Restricted Stock Units to a director aligns her interests with long-term shareholder value.

Negatives

• An initial clerical error in reporting the RSU award necessitated an amendment, indicating a minor administrative oversight in the initial filing process.

Risks

• No specific risks to the company's operations or financial health are indicated by this administrative correction.

Future Outlook

The 42,134 Restricted Stock Units awarded to Director Amy B Schwetz are scheduled to vest on May 21, 2026.

Management Comments

• No direct quotes from company management were provided in this filing. The document was signed by Eric Risi, as attorney-in-fact for Amy B Schwetz.

Industry Context

This filing is a routine insider transaction amendment, common across all publicly traded companies, and does not reflect broader industry trends or competitive dynamics. It primarily serves to ensure accurate public disclosure of director compensation.

Comparison to Industry Standards

• This document is a standard regulatory filing for correcting insider transaction reports. It does not contain information that allows for a comparison of financial results or operational performance against industry benchmarks or specific comparable companies/projects.

Related Party Transactions

• The award of 42,134 Restricted Stock Units to Director Amy B Schwetz represents a form of compensation, which is a standard related-party transaction between the company and its director.

Stakeholder Impact

• Shareholders: Provides accurate and corrected information regarding director compensation and beneficial ownership, enhancing transparency.
• Regulatory Authorities: Ensures compliance with SEC reporting requirements for insider transactions.

Next Steps

• The awarded Restricted Stock Units (RSUs) are scheduled to vest on May 21, 2026.

Key Dates

Keywords

Xerox Holdings Corporation, XRX, SEC Form 4/A, insider transaction, beneficial ownership, Restricted Stock Units, RSU, director compensation, clerical error, amendment