PASTOR LOUIS 4
Research Summary
AI-generated summary
Xerox CEO Louis Pastor Receives 1.35M RSU Award
What Happened Louis Pastor, Chief Executive Officer of Xerox Holdings Corp (XRX), received a grant of 1,348,315 restricted stock units (RSUs) reported on May 20, 2026. The award shows no cash paid (reported price $0.00); this is an equity compensation grant, not a purchase or sale.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-22 (timely Form 4 filing).
- Grant size: 1,348,315 RSUs; reported acquisition type: A (award).
- Reported price: $0.00 (no cash exchange on grant).
- Shares owned after the transaction: not stated in the filing provided.
- Footnote: RSUs vest in nine installments — one-third (33.33%) on March 11, 2027, with the remainder vesting equally over the following eight quarters.
- No 10b5-1 plan, tax-withholding details, or late filing flag noted in the provided data.
Context RSUs are compensation that convert to shares only as they vest; this award increases Pastor’s potential future equity stake over time but does not represent an immediate market purchase or sale. Such grants are common for executive pay and do not by themselves indicate the insider’s sentiment about the stock.