Form 4: Xerox VP & CAO, Mirlanda Gecaj, Reports Stock Transactions

Mirlanda Gecaj, VP & CAO of Xerox Holdings Corp, reported the vesting of restricted stock units and subsequent transactions including tax withholdings.

Summary

• Mirlanda Gecaj, a VP & CAO at Xerox Holdings Corp, reported transactions involving restricted stock units.
• On January 18, 2025, 1,966 restricted stock units vested.
• These units converted into 1,966 shares of common stock.
• 951 shares were withheld to cover taxes at a price of $9.34 per share.
• Following these transactions, Ms. Gecaj directly owns 3,507 shares of common stock and 31,693 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• The vesting of restricted stock units is a common form of executive compensation across various industries.
• The tax withholding process is standard practice for equity-based compensation.
• Similar filings are regularly made by executives at comparable companies such as HP Inc. and Canon.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small change in the overall share ownership.

Key Dates

Keywords

Xerox, Restricted Stock Units, Stock Transactions, Form 4, Insider Trading, Beneficial Ownership, Equity Securities