Drumgoole Christopher 4

What Happened

• Christopher Drumgoole, EVP, Global Infrastructure Services (GIS) at DXC Technology (DXC), had shares withheld to satisfy tax liabilities associated with vested/settled restricted stock units (RSUs) on May 15, 2026. The Form 4 shows two withholding dispositions: 33,524 shares at $8.94 each for $299,705, and 19,228 shares at $8.94 each for $171,898, a combined 52,752 shares and ~$471,603. These were tax-withholding dispositions tied to RSU settlements rather than open-market sell orders.

Key Details

• Transaction date: May 15, 2026. Report filed: May 19, 2026 (filed 4 days after the transactions; Form 4s are normally due within two business days, so this appears late).
• Price: $8.94 per share for both entries.
• Shares disposed (withheld): 33,524 and 19,228 (total 52,752) to cover tax obligations.
• Footnotes from the filing:
  • F1: Withholding related to 85,194 FY2024 performance-vesting RSUs that settled on May 15, 2026.
  • F3: Withholding related to 48,863 RSUs that vested on May 15, 2026.
  • F2: The amount reported includes unvested RSUs.
• Shares owned after the transaction: Not reported in the provided filing excerpt.

Context

• These are routine tax-withholding actions tied to RSU vesting/settlement, not discretionary open-market sales. Such withholdings are common when equity awards vest and do not necessarily indicate the insider’s view on the company’s stock.