Xerox (XRX) Chief Legal Officer Colon Flor Converts 12,096 RSUs

What Happened

• Colon Flor, Chief Legal Officer and Corporate Secretary of Xerox Holdings (XRX), had 12,096 Restricted Stock Units (RSUs) vest and convert into common stock on September 11, 2026. The RSUs convert one-for-one into shares.
• To cover tax withholding, 4,361 of those shares were withheld and disposed at $3.43 per share, resulting in $14,958 in tax withholding. Net shares delivered to Flor were 12,096 - 4,361 = 7,735 shares.
• This was a vesting/conversion and tax-withholding event (not a market buy or a deliberate sale for investment reasons).

Key Details

• Transaction date: September 11, 2026; Form 4 filed September 15, 2026 (timely filing).
• Shares converted (acquired): 12,096 RSUs → 12,096 common shares (1:1 conversion per filing).
• Shares withheld/disposed for taxes: 4,361 shares at $3.43 each = $14,958.
• Net shares received by insider after withholding: 7,735 shares.
• Footnotes: RSU grant dated May 21, 2025 for 145,138 RSUs vesting in nine installments (one-third vested Mar 11, 2026; remainder vests equally over the next eight quarters). RSUs convert one-for-one to common stock.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was a routine RSU vesting and tax-withholding (cashless withholding) event — common when equity awards vest. Such withholding sales to cover taxes are administrative and do not by themselves indicate the insider's market view.