FERNANDEZ RAUL J 4

What Happened

• Raul J. Fernandez, President and CEO of DXC Technology (DXC), had 28,937 shares withheld on May 21, 2026 to satisfy tax liabilities tied to RSUs that vested that day. The withheld shares were reported as disposed at $9.23 per share, totaling $267,089.
• This was a tax-withholding (transaction code F) associated with the vesting of 73,537 restricted stock units (RSUs), not an open-market sale signaling a change in ownership intent.

Key Details

• Transaction date: May 21, 2026; price: $9.23 per share; shares withheld/disposed: 28,937; total value of withheld shares: $267,089.
• The RSUs that vested on May 21 totaled 73,537; 28,937 shares were withheld to cover taxes (footnote F1).
• Filing date: May 26, 2026 (filed five days after the transaction); this appears to be later than the SEC’s typical two-business-day Form 4 filing requirement.
• Footnote F2: the ownership/amount reported in the filing includes unvested RSUs.
• Transaction type: F = shares withheld to satisfy tax withholding on vested equity awards (not an open-market sale).

Context

• Tax-withholding via share retention is a routine administrative step when equity awards vest; it is generally neutral and should not be interpreted the same as a purposeful open-market sale.
• For retail investors tracking insider activity, outright purchases are usually more informative about confidence than tax withholding or estate transfers. This filing documents compensation-related withholding rather than a discretionary sale.