DXC Technology Co·4

Jun 16, 4:39 PM ET

August Raymond Alexander 4

Research Summary

AI-generated summary

Updated

DXC President August Alexander Sells 9,270 Shares for Taxes

What Happened
August Raymond Alexander, President, Insurance Software & Services at DXC Technology (DXC), had 9,270 shares withheld (disposed) to satisfy tax liabilities related to the vesting of restricted stock units (RSUs). The withholding was reported as a disposal on 2026-06-15 at $8.81 per share, totaling $81,669. This was a tax-withholding action tied to RSU vesting, not an open-market sale.

Key Details

  • Transaction date: 2026-06-15; filing date (Form 4): 2026-06-16.
  • Shares withheld/disposed: 9,270 shares at $8.81 per share — proceeds/value $81,669.
  • RSUs vested: 20,441 RSUs vested on June 15, 2026; shares were withheld to cover tax liabilities (Footnote F1).
  • Footnote F2: Amount reported includes unvested RSUs.
  • Shares owned after transaction: not specified in the provided filing details.
  • Transaction code: F (payment of exercise price or tax liability) — a routine tax-withholding, not an investment purchase or discretionary sale.

Context
This was a cashless/withholding action tied to RSU vesting (common practice): the company withheld a portion of the vested shares to cover taxes. Such transactions are routine and do not necessarily indicate a change in the insider’s view of the company.