FERNANDEZ RAUL J 4

What happened

• Raul J. Fernandez, President, CEO and Director of DXC Technology (DXC), had 39,223 shares withheld on May 15, 2026 to satisfy tax liabilities tied to the vesting of restricted stock units (RSUs). The withheld shares were valued at $8.94 each, for a total of $350,654. This is a tax-withholding disposition (code F), a routine administrative action when RSUs vest rather than an open-market sale.

Key details

• Transaction date: 2026-05-15; Price per share: $8.94; Shares withheld/disposed: 39,223; Total value: $350,654.
• The withholding satisfied taxes on 134,282 RSUs that vested on May 15, 2026 (footnote F1). The withheld shares represent about 29.2% of the vested RSUs.
• Filing date: 2026-05-19 — filed within the typical two-business-day window (timely).
• Filing notes that the reported ownership amount includes unvested RSUs (footnote F2); the Form 4’s total beneficial ownership therefore may include unvested awards, not just fully transferable shares.
• Transaction code: F = tax withholding (disposition of shares to cover tax obligations).

Context

• This was a cashless-style withholding to cover taxes on vested RSUs, a common and routine event that does not necessarily signal the insider’s view of the company’s stock. Retail investors should note that withheld shares reduce the insider’s outstanding shares but do not equate to a deliberate market sale for investment reasons.