Gueden Jacques-Edouard 4

What Happened

• Gueden Jacques-Edouard, Xerox (XRX) Chief Revenue Officer, had 11,340 Restricted Stock Units vest and convert into 11,340 common shares on January 18, 2026. Of those, 6,351 shares were withheld/disposed to cover tax withholding at $2.72/share, totaling $17,275. The net shares retained by the insider after withholding were 4,989.
• This was not a market purchase or a discretionary open-market sale but a routine conversion/vesting event with tax withholding.

Key Details

• Transaction date: January 18, 2026.
• Report filed with the SEC: January 21, 2026 (covers the Jan 18 transaction).
• Transaction codes: M = exercise/conversion of derivative (RSU conversion to shares); F = tax withholding (shares withheld/disposed to cover taxes).
• Price/values: tax withholding disposed 6,351 shares at $2.72 each = $17,275. RSUs convert 1-for-1 (no cash exercise price).
• Footnotes: The RSUs were from a Jan 18, 2023 grant of 33,354 RSUs that vest in three annual installments; RSUs convert to common stock one-for-one.
• Shares owned after transaction: the filing implies 4,989 shares were retained from this vesting event; the insider’s total post-transaction holdings were not disclosed in this Form 4.
• Timeliness: Form 4 was filed Jan 21 reporting a Jan 18 transaction; that appears one business day after the standard two-business-day filing window for Form 4.

Context

• This was a routine RSU vesting and tax-withholding event (a common form of "cashless" settlement). Such withholding/sales to cover taxes are administrative and do not necessarily indicate insider sentiment about the stock.
• For retail investors, purchase transactions are generally more informative than withholding or routine vesting events.