XRX.NASDAQXerox Holdings CORP

Form 4: Xerox Executive Flor Colon Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for Xerox Holdings CORP
🔒Login to Follow

Flor Colon, Chief Legal Officer and Corporate Secretary of Xerox Holdings Corp, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares for tax purposes.

Summary

  • On March 11, 2025, Flor Colon, Chief Legal Officer and Corporate Secretary of Xerox Holdings Corp, reported transactions involving restricted stock units and common stock.
  • 9,483 Restricted Stock Units (RSUs) vested and were converted into common stock.
  • 3,689 shares were withheld and disposed of to cover taxes.
  • Following these transactions, Colon directly owns 49,651 Restricted Stock Units and 14,487 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, with no indication of unusual or concerning activity. The sentiment is neutral.

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 potential insider trading activity and assess management's confidence in the company's prospects.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve the conversion of existing equity awards into common stock and a small number of shares being sold for tax purposes.

Key Dates

DateDescription
03/11/2024Reporting person was granted an award of 28,453 Restricted Stock Units, which vests in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date.
03/11/2025Restricted Stock Units vested and were converted into common stock; shares were withheld for taxes.
03/13/2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.