DXC CPO Jennifer Ragone Sells Shares for Tax Withholding

What Happened

• Jennifer Ragone, Chief People Officer at DXC Technology (DXC), had shares withheld to satisfy tax liabilities arising from vested restricted stock units (RSUs). On May 21, 2026, 870 shares were withheld at $9.23 each ($8,030). On May 22, 2026, 718 shares were withheld at $9.50 each ($6,821). Total withheld: 1,588 shares for $14,851.
• These transactions are tax-withholding dispositions (code F), not open-market sales or purchases — a routine administrative action when RSUs vest.

Key Details

• Transaction dates & prices: 2026-05-21 — 870 shares @ $9.23; 2026-05-22 — 718 shares @ $9.50.
• Total value withheld: $14,851.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — shares withheld for taxes on 1,928 RSUs that vested 5/21/2026; F3 — shares withheld for taxes on 1,590 RSUs that vested 5/22/2026; F2 notes the amount reported includes unvested RSUs.
• Filing: Report filed 2026-05-26 (no late-filing flag indicated in the filing).

Context

• This was a cashless tax-withholding event tied to RSU vesting — a common administrative disposition that does not necessarily reflect the insider’s view on the company’s stock.
• For retail investors, purchases by insiders are typically more informative than routine withholding; treat this as a vesting-related transaction rather than a directional bet.