Del Bene Robert F 4
4 · DXC Technology Co · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
DXC (DXC) CFO Robert Del Bene Withholds 69,901 Shares for Taxes
What Happened
Robert F. Del Bene, Chief Financial Officer of DXC Technology Co., had a total of 69,901 shares withheld on May 15, 2026 to satisfy tax liabilities tied to vested restricted stock units (RSUs). The Form 4 reports two dispositions: 35,727 shares at $8.94 for $319,399 and 34,174 shares at $8.94 for $305,516, a combined reported value of approximately $624,915. These transactions are tax-withholding dispositions (code F), not open-market sales driven by a trading decision.
Key Details
- Transaction dates and prices: May 15, 2026 — 35,727 shares @ $8.94 ($319,399) and 34,174 shares @ $8.94 ($305,516).
- Total shares withheld: 69,901; total reported proceeds/withheld value: ~$624,915.
- Shares owned after the reported transactions: not provided in the supplied filing excerpt.
- Footnotes from the filing:
- F1: Shares withheld to satisfy taxes from 64,604 FY2024 performance-vesting RSUs that settled on May 15, 2026.
- F3: Shares withheld to satisfy taxes from 61,797 RSUs that vested on May 15, 2026.
- F2: The amount reported includes unvested RSUs (per the filing).
- Filing: Form 4 filed May 19, 2026 for transactions on May 15, 2026 — within the typical two-business-day filing window (timely).
Context
These entries are routine tax-withholding events tied to RSU vesting (a cashless settlement mechanism where the company withholds shares to cover taxes). Such withholdings are administrative and do not carry the same informational weight as an open-market sale or a voluntary purchase — they generally do not signal the insider’s market view.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-05-15$8.94/sh−35,727$319,399→ 362,255 total - Tax Payment
Common Stock
[F3][F2]2026-05-15$8.94/sh−34,174$305,516→ 328,081 total
Footnotes (3)
- [F1]Shares withheld to satisfy tax liabilities arising from 64,604 FY2024 performance-vesting restricted stock units that settled on May 15, 2026.
- [F2]Amount reported includes unvested RSUs.
- [F3]Shares withheld to satisfy tax liabilities arising from 61,797 restricted stock units (RSUs) that vested on May 15, 2026.