4Filed Jul 19, 8:00 PM ET
DXC CFO Robert F. Del Bene Sells Shares for Tax Withholding
$DXC · DXC Technology CoResearch Summary
AI-generated summary of this SEC filing
DXC CFO Robert F. Del Bene Sells Shares for Tax Withholding
What Happened
- Robert F. Del Bene, CFO of DXC Technology (DXC), had shares withheld (treated as dispositions) to satisfy tax liabilities from RSU vesting. On July 17, 2026 he disposed of 7,939 shares at $9.47 for $75,182 and 8,943 shares at $9.47 for $84,690 — a total of 16,882 shares and about $159,872.
Key Details
- Transaction dates/prices: July 17, 2026 — 7,939 shares @ $9.47 ($75,182) and 8,943 shares @ $9.47 ($84,690).
- Total withheld: 16,882 shares; total proceeds reported ≈ $159,872.
- Reason: Shares were withheld to satisfy tax withholding on RSU vesting (Form 4 code F — tax withholding/cashless settlement).
- Underlying vesting: Footnotes report 14,356 RSUs vested (F1) and 16,171 RSUs vested (F3) on July 17, 2026; total vested referenced in the filing = 30,527 RSUs. Footnote F2 notes the reported holdings include unvested RSUs.
- Shares owned after transaction: not provided in the data you supplied.
- Filing timeliness: Form 4 filed July 20, 2026 (period of report July 17, 2026); this appears to be a timely filing (within the SEC’s two-business-day window).
Context
- This was a routine tax-withholding/cashless disposition tied to RSU vesting, not an open-market sale that signals active selling for cash or an outright investment decision. Such withholdings are common when equity awards vest and generally don’t indicate a change in insider sentiment.