Form 4: Xerox Executive Louis Pastor Acquires Restricted Stock Units

Louis Pastor, an executive at Xerox Holdings Corporation, acquired 81,803 restricted stock units on March 11, 2024.

Summary

• On March 11, 2024, Louis Pastor, Executive Vice President, Chief Transformation & Administrative Officer of Xerox Holdings Corporation, acquired 81,803 restricted stock units at a price of $16.87 per unit.
• Following the transaction, Pastor directly owns 244,749 restricted stock units.
• The restricted stock units vest in three installments: 33.33% on the first, 33.33% on the second, and 33.34% on the third anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock units by an executive is generally viewed as a slightly positive sign, but it's a routine occurrence.

Positives

• The acquisition of restricted stock units by a high-ranking executive could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates an executive's investment in the company's stock.

Key Dates