DXC Technology Co·4

May 26, 4:40 PM ET

FAWCETT MATTHEW K 4

Research Summary

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DXC EVP Matthew Fawcett Withholds 8,388 Shares for Taxes

What Happened
Matthew K. Fawcett, EVP and General Counsel of DXC Technology Co. (DXC), had 8,388 shares withheld on May 21, 2026 to satisfy tax liabilities tied to RSU vesting. The withheld shares are reported at $9.23 per share, for a total value of approximately $77,421. This was a tax-withholding disposition (Form 4 code F), a routine administrative transaction rather than an open-market sale.

Key Details

  • Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed 5 days after the transaction). This appears to be later than the typical 2-business-day Form 4 filing window.
  • Price reported: $9.23 per share; Total value of withheld shares: ~$77,421.
  • Shares withheld: 8,388 (disposed to satisfy tax withholding).
  • Vesting detail (footnote F1): 21,315 restricted stock units (RSUs) vested on May 21, 2026; shares were withheld to cover related tax liabilities.
  • Footnote F2: The amount reported includes unvested RSUs.
  • Shares owned after the transaction: Not specified in the filing.

Context
Code F transactions are tax withholding events where the company retains (or "withholds") shares to satisfy tax obligations on equity awards. These are routine and typically do not indicate an insider's view on the company's stock price.