Form 4: Xerox VP & CAO, Mirlanda Gecaj, Reports Stock Transactions
SEC Form 4 Filing
Mirlanda Gecaj, VP & CAO of Xerox Holdings Corp, reports acquisition and disposal of restricted stock units.
Summary
- On March 11, 2024, Mirlanda Gecaj, VP & CAO of Xerox Holdings Corp, reported transactions involving Xerox Holdings Corp [XRX] securities.
- Gecaj acquired 14,227 restricted stock units at a price of $16.87.
- Gecaj also disposed of 20,610 restricted stock units.
- Following these transactions, Gecaj beneficially owns 20,610 shares.
- 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: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company insider.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Stakeholder Impact
- Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: acquisition and disposal of restricted stock units. |
| 03/13/2024 | Date of signature on the report. |
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