Xerox Holdings Corp·4

Jun 15, 7:40 PM ET

PASTOR LOUIS 4

4 · Xerox Holdings Corp · Filed Jun 15, 2026

Research Summary

AI-generated summary of this filing

Updated

Xerox (XRX) CEO Louis Pastor Exercises RSUs, Withholds Shares for Taxes

What Happened
Louis Pastor, Chief Executive Officer of Xerox Holdings (XRX), had 19,655 restricted stock units (RSUs convert 1-for-1 into common shares) vest/convert into common stock on June 11, 2026. Of those shares, 6,160 were withheld and disposed of to cover tax withholding at $3.47 per share, totaling about $21,375. The remaining 13,495 shares were delivered to Pastor. There was no cash exercise price for these RSUs (conversion is 1:1).

Key Details

  • Transaction date: June 11, 2026. Form filed June 15, 2026 (file appears after the typical 2-business-day window).
  • Transaction types/codes: M = exercise/conversion of derivative (RSU conversion); F = tax withholding/disposition.
  • Shares acquired: 19,655 shares converted; 13,495 shares delivered to Pastor after withholding.
  • Shares withheld/disposed for taxes: 6,160 shares at $3.47 each = $21,375.
  • Shares owned after transaction: Not specified in this filing.
  • Relevant footnotes: Award granted May 21, 2025 of 235,850 RSUs vesting in installments (one-third vested March 11, 2026; remainder over next eight quarters); RSUs convert 1-for-1; 6,160 of the 19,655 vested RSUs were withheld for taxes.
  • Role/remark in filing: Chief Executive Officer.

Context
This was an RSU vesting/conversion with a routine sell-to-cover (tax withholding) rather than an open-market sale; such withholding to satisfy tax obligations is common and doesn’t necessarily signal a view on the company’s outlook. For retail investors, purchases are typically more informative about insider confidence; this filing documents compensation vesting and tax-related withholding.

Insider Transaction Report

Form 4
Period: 2026-06-11
PASTOR LOUIS
DirectorSee Remarks
Transactions
  • Exercise/Conversion

    Restricted Stock Unit

    [F1]
    2026-06-1119,6551,513,174 total
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-06-11+19,655217,308 total
  • Tax Payment

    Common Stock

    [F3]
    2026-06-11$3.47/sh6,160$21,375211,148 total
Footnotes (3)
  • [F1]On May 21, 2025 the reporting person was granted an award of 235,850 Restricted Stock Units, which vests in in nine installments with one-third (33.33%) vesting on March 11, 2026, and the remainder vesting equally over the following eight (8) quarters.
  • [F2]Restricted Stock Units convert into common stock on a one-for-one basis.
  • [F3]Of the 19,655 Restricted Stock Units that vested, 6,160 were withheld and disposed of for taxes.
Signature
/s/ Eric Risi, as attorney-in-fact|2026-06-15

Documents

1 file
  • 4
    ownership.xmlPrimary

    4