Letier A. Scott 4
4 · Xerox Holdings Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
XRX Director Letier A. Scott Receives 148,255 DSUs
What Happened
Letier A. Scott, a director of Xerox Holdings Corp (XRX), received an award of 148,255 Deferred Stock Units (DSUs) on May 20, 2026. The award is recorded at $0.00 per unit (total $0) because these are compensation units rather than an open-market purchase or sale. Per the filing, each DSU represents the right to receive one share of common stock upon the reporting person's termination of service as a director or death.
Key Details
- Transaction date and terms: 2026-05-20 — Grant/acquisition of 148,255 DSUs at $0.00 per unit.
- Vesting: DSUs will vest on May 20, 2027 (per filing footnote).
- Shares owned after transaction: Not specified in the provided data.
- Footnotes of note:
- F1: Each DSU equals the right to one share upon termination/death.
- F2: Vesting date is May 20, 2027.
- F3: Balance was adjusted to include 8,493 DSUs credited from dividend equivalents.
- Filing timeliness: No late filing flag indicated in the supplied information.
Context
DSUs are deferred compensation for directors and do not require an outlay of cash by the director; they convert to actual shares only upon specified events (e.g., termination or death) and are therefore different from open-market purchases (which may signal bullishness) or sales. The $0 price reflects that this is a grant/award, not a purchase.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-05-20+148,255→ 359,775 total
Footnotes (3)
- [F1]Each Deferred Stock Unit (DSU) represents the right to receive one share of common stock upon the reporting person's termination of service as a director or death, subject to any applicable deferral period.
- [F2]The DSUs will vest on May 20, 2027.
- [F3]Balance adjusted to reflect 8,493 DSUs awarded from dividend equivalents attributable to DSUs held as of the relevant record dates.