Colon Flor 4
Accession 0001193125-26-018442
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 9:32 PM ET
Size
7.8 KB
Accession
0001193125-26-018442
Research Summary
AI-generated summary of this filing
Xerox (XRX) CLO Flor Exercises RSUs, Withholds 922 Shares
What Happened
Colon Flor, Chief Legal Officer and Corporate Secretary of Xerox Holdings Corp (XRX), had 2,228 restricted stock units (RSUs) vest and convert into 2,228 common shares on January 18, 2026. Of those shares, 922 were withheld and disposed to cover tax withholding obligations, resulting in proceeds of $2,508 (922 shares × $2.72). The RSU conversion is a non‑purchase event (not a market buy) and the withholding is a routine tax settlement.
Key Details
- Transaction date: January 18, 2026; Form 4 filed January 21, 2026. The filing does not indicate a late filing code.
- Conversion/exercise: 2,228 RSUs converted to 2,228 shares (SEC code M = exercise/conversion of a derivative). Reported acquisition and corresponding disposition used for tax withholding.
- Tax withholding: 922 shares withheld and disposed at $2.72 per share, totaling $2,508 (SEC code F = payment of exercise price or tax liability).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: The RSUs were originally granted on January 18, 2023 (6,552 RSUs total) vesting in three annual installments; RSUs convert 1:1 to common stock; 2,228 RSUs vested on this anniversary and 922 were withheld for taxes.
Context
RSU vesting and share withholding for taxes is a common, administrative insider transaction and does not by itself signal a buy or sell decision in the open market. This was a conversion of vested RSUs to shares with a portion withheld to satisfy tax obligations — not an open‑market sale or new cash purchase.
Insider Transaction Report
- Exercise/Conversion
Restricted Stock Unit
[F1]2026-01-18−2,228→ 192,561 total - Exercise/Conversion
Common Stock
[F1][F2]2026-01-18+2,228→ 16,715 total - Tax Payment
Common Stock
[F3]2026-01-18$2.72/sh−922$2,508→ 15,793 total
Footnotes (3)
- [F1]On January 18, 2023, the reporting person was granted an award of 6,552 Restricted Stock Units, which vested in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date.
- [F2]Restricted Stock Units convert into common stock on a one-for-one basis.
- [F3]Of the 2,228 Restricted Stock Units that vested, 922 were withheld and disposed of for taxes.
Signature
Documents
Issuer
Xerox Holdings Corp
CIK 0001770450
Related Parties
1- filerCIK 0002000009
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 9:32 PM ET
- Size
- 7.8 KB