4Filed Aug 5, 8:00 PM ET
DXC Technology Director David A. Barnes Receives RSU Award
$DXC · DXC Technology CoResearch Summary
AI-generated summary of this SEC filing
DXC Technology Director David A. Barnes Receives RSU Award
What Happened
- David A. Barnes, a director of DXC Technology Co. (DXC), received an award of 21,800 restricted stock units (RSUs) on August 4, 2026. The reported acquisition price is $0.00 (this is a grant, not a purchase), so the immediate cash value reported on the Form 4 is $0.
Key Details
- Transaction date: 2026-08-04; Form 4 filed: 2026-08-06.
- Transaction type: A = Award/Grant of RSUs; amount: 21,800 RSUs; price per share reported: $0.00.
- Vesting/settlement: RSUs vest on the earlier of one year from grant or at the 2027 annual meeting of stockholders; settlement occurs on vesting or on a deferred date if the director elects deferral (Footnote F1).
- The RSUs reported are unvested and entitle the holder to one share per RSU upon vesting (Footnote F2). The filing does not specify the director’s total shares owned after this grant in the provided data.
- Filing timing: Form was filed two days after the grant date (Aug 4 → Aug 6), consistent with the usual two-business-day Form 4 deadline.
Context
- This is a compensation grant (common for directors) rather than an open-market purchase or sale, so it reflects routine equity compensation and not a direct buy/sell market signal.
- RSU grants become meaningful when/if they vest and convert to shares; until then they are unvested and subject to vesting conditions.