4/A: Xerox Director Amends SEC Filing to Correct Deferred Stock Unit Award

Sentiment:

Insider Transaction Amendment


Xerox Holdings Corp Director John Roese filed an amended Form 4 to correct a clerical error regarding the number of Deferred Stock Units awarded on May 21, 2025.

Summary

  • John Roese, a Director of Xerox Holdings Corp, filed an amended Form 4 (Form 4/A) to correct an inadvertent clerical error in a previously reported transaction.
  • The amendment clarifies that the correct number of Deferred Stock Units (DSUs) awarded to Mr. Roese on May 21, 2025, was 52,434, not the 55,226 originally reported on May 23, 2025.
  • Each DSU represents the right to receive one share of common stock upon the reporting person's termination of service as a director or death, subject to any applicable deferral period.
  • These DSUs are scheduled to vest on May 21, 2026.
  • Following this corrected transaction, Mr. Roese beneficially owns a total of 70,281 DSUs, which includes 1,695 DSUs awarded from dividend equivalents attributable to DSUs held as of relevant record dates.

Sentiment

Score: 5

Explanation: Neutral. The document is a routine regulatory filing correcting a clerical error regarding an insider's equity award. It provides no new information about the company's financial performance or strategic direction, thus having a neutral impact.

Future Outlook

NA

Industry Context

This filing is a routine regulatory update concerning an insider's equity compensation and does not provide information relevant to broader industry trends or competitive positioning.

Next Steps

  • The awarded Deferred Stock Units are scheduled to vest on May 21, 2026.

Key Dates

DateDescription
05/21/2025Original transaction date for the Deferred Stock Unit award.
05/23/2025Date the original Form 4 was filed, which contained the clerical error.
06/16/2025Date the amended Form 4/A was signed.
05/21/2026Vesting date for the awarded Deferred Stock Units.

Keywords

Xerox Holdings Corp, XRX, SEC Form 4/A, Deferred Stock Units, DSU, Insider Transaction, Director Compensation, Equity Award, Amendment, John Roese

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