Form 4: Xerox Holdings Corp: President and COO John G. Bruno Reports Stock Transactions
SEC Form 4 Filing
President and COO of Xerox Holdings Corp, John G. Bruno, 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, John G. Bruno, President and COO of Xerox Holdings Corp, reported transactions involving restricted stock units and common stock.
- 71,125 Restricted Stock Units vested and were converted into common stock.
- 17,319 shares were withheld and disposed of to cover taxes at a price of $6.11 per share.
- Following these transactions, Bruno directly owns 234,775 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and recent activity.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Reporting Person was granted an award of 213,397 Restricted Stock Units, which vests in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date. |
| 03/11/2025 | Date of transaction: vesting and conversion of Restricted Stock Units, and disposition of shares for taxes. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
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