Form 4: Xerox Director McLaughlin Acquires Deferred Stock Units

Director Edward Grunde McLaughlin acquired 16,152 deferred stock units (DSUs) of Xerox Holdings Corp on May 22, 2024, which will vest on May 22, 2025.

Summary

• On May 22, 2024, Edward Grunde McLaughlin, a director of Xerox Holdings Corp, acquired 16,152 Deferred Stock Units (DSUs).
• The DSUs were acquired at a price of $0.00.
• Following the transaction, McLaughlin beneficially owns 16,152 DSUs.
• Each DSU represents the right to receive one share of Xerox common stock upon the director's termination of service or death, subject to any applicable deferral period.
• The DSUs will vest on May 22, 2025.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a standard compensation practice. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The director will receive shares of Xerox common stock upon termination of service or death, subject to any applicable deferral period, after the DSUs vest on May 22, 2025.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies to align the interests of management with those of shareholders.

Stakeholder Impact

• The acquisition of DSUs by a director aligns their interests with shareholders, potentially incentivizing them to work towards increasing shareholder value.

Key Dates