August Raymond Alexander 4

What Happened

• August Raymond Alexander, President, Insurance Software & Services at DXC Technology (DXC), had restricted stock units (RSUs) vest/settle on May 15, 2026. To satisfy tax liabilities, 19,870 shares and 11,406 shares were withheld (disposed) at $8.94 per share, valued at $177,638 and $101,970 respectively — a combined 31,276 shares and about $279,608.
• This transaction is a tax-withholding event (code F), not an open-market sale or a buy signal; it reflects routine withholding when equity awards vest.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (timely).
• Price used for withholding: $8.94 per share.
• Shares withheld: 19,870 (reported value $177,638) and 11,406 (reported value $101,970); total withheld 31,276 shares (~$279,608).
• Footnotes:
  • F1: 43,814 FY2024 performance-vesting RSUs settled on May 15, 2026 (shares were withheld to satisfy taxes related to these).
  • F3: 25,150 RSUs vested on May 15, 2026 (shares withheld to satisfy taxes related to these).
  • F2: Amounts reported include unvested RSUs (per filing).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

• Code F transactions indicate shares were withheld to cover tax obligations on vested RSUs (a common administrative step). The insider did not make a market sale decision for cash proceeds; withheld shares were used to satisfy taxes.
• Such withholding events are routine and do not necessarily indicate insider sentiment about the company’s stock.