Form 4: Xerox Holdings Officer Flor Colon Granted Over 145,000 Restricted Stock Units
Insider Transaction Report
Xerox Holdings Corporation's Chief Legal Officer and Corporate Secretary, Flor Colon, was granted 145,138 Restricted Stock Units (RSUs) on May 21, 2025, as part of an equity compensation award.
Summary
- Flor Colon, the Chief Legal Officer and Corporate Secretary of Xerox Holdings Corporation (XRX), acquired 145,138 Restricted Stock Units (RSUs).
- The transaction occurred on May 21, 2025, with an acquisition price of $0 per RSU, typical for equity grants.
- Following this grant, Flor Colon's total beneficial ownership of Restricted Stock Units in Xerox Holdings Corporation increased to 194,789.
- The awarded RSUs will vest in a structured manner: one-third (33.33%) on March 11, 2026, with the remaining portion vesting equally over the subsequent eight quarters.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive as the RSU grant aligns executive interests with shareholders and is a standard practice for executive retention and incentive, indicating stability in compensation structure.
Positives
- The grant of Restricted Stock Units aligns the interests of the Chief Legal Officer and Corporate Secretary, Flor Colon, with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.
- Equity compensation is a standard practice for retaining and incentivizing key executives.
Future Outlook
The future outlook for Flor Colon's ownership of Xerox shares includes the vesting of the newly granted Restricted Stock Units, with a significant portion vesting in March 2026 and the remainder over the subsequent eight quarters, indicating a long-term incentive structure.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically an equity compensation grant to a senior executive. Such grants are common across industries as a means of aligning executive incentives with shareholder value creation and are a standard component of executive compensation packages.
Stakeholder Impact
- Shareholders: The RSU grant aligns the interests of a key executive with shareholders, as the value of the compensation is tied to the company's stock performance, potentially encouraging decisions that enhance shareholder value.
Next Steps
- The vesting of the Restricted Stock Units will occur in installments, with the first one-third vesting on March 11, 2026, and the remainder vesting equally over the following eight quarters.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of acquisition of 145,138 Restricted Stock Units by Flor Colon. |
| 05/23/2025 | Date the Form 4 was signed by Eric Risi, as attorney-in-fact for Flor Colon. |
| 03/11/2026 | First vesting date for one-third (33.33%) of the awarded Restricted Stock Units. |
Keywords
Xerox Holdings Corporation, XRX, Restricted Stock Units, RSU, SEC Form 4, Insider Transaction, Equity Compensation, Corporate Secretary, Chief Legal Officer, Executive Compensation
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