Form 4: Xerox Executive Louis Pastor Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Louis Pastor reports the vesting and conversion of restricted stock units into Xerox Holdings Corp common stock, along with a disposition for tax purposes.
Summary
- Louis Pastor, an Executive Vice President at Xerox Holdings Corporation, reported transactions involving restricted stock units and common stock on January 4, 2025.
- 81,473 Restricted Stock Units (RSUs) vested and were converted into common stock on a one-for-one basis.
- 26,637 shares of common stock were disposed of to cover tax obligations at a price of $8.27 per share.
- Following these transactions, Pastor directly owns 54,836 shares of common stock.
- Pastor also directly owns 163,276 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the executive's compensation and alignment with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/04/2025 | Date of stock transactions: vesting of RSUs, conversion to common stock, and disposition for taxes. |
| 01/07/2025 | Date of signature on the Form 4 filing. |
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