Drumgoole Christopher 4
Research Summary
AI-generated summary
DXC EVP Christopher Drumgoole Receives PSU Award
What Happened
- Christopher Drumgoole, Executive Vice President, Global Infrastructure Services (DXC Technology), was granted/received 85,194 restricted stock units (PSUs/RSUs) on April 29, 2026. The reported acquisition price is $0.00, so the immediate reported value is $0. These are performance-vesting awards tied to FY2024 metrics measured over a three-year performance period and are scheduled to settle on or around May 23, 2026. The filing notes the reported amount includes unvested restricted stock units.
Key Details
- Transaction date: 2026-04-29; Transaction type/code: Award/Acquisition (A)
- Shares involved: 85,194 RSUs; Reported price: $0.00; Reported immediate value: $0
- Settlement: PSUs will settle on or around May 23, 2026 (footnote F1)
- Vesting status: Amount reported includes unvested RSUs (footnote F2)
- Filing date: 2026-05-01 — filing appears timely (Form 4 is due within two business days); the filing does not disclose total shares owned after the award
Context
- These PSUs are compensation-based, earned from FY2024 performance metrics over a multi-year period; they are not an open-market purchase or sale. Such grants are common executive compensation/retention tools and do not by themselves indicate an insider buying or selling shares in the market.