PASTOR LOUIS 4

What Happened
Louis Pastor, President and Chief Operating Officer of Xerox Holdings Corp (XRX), had restricted stock units (RSUs) vest on March 11, 2026. A total of 105,874 RSUs converted one-for-one into common shares (78,609 from a 2025 grant and 27,265 from a 2024 grant). To cover tax obligations, 33,182 shares were withheld and disposed: 24,637 shares (reported at $1.75/share = $43,115) and 8,545 shares (reported at $1.75/share = $14,954), a combined withholding value of $58,069. Net delivered to Pastor: 72,692 shares.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (filed within the typical 2-business-day window).
• Reported entries: "M" = exercise/conversion of derivative (conversion of RSUs to common stock at $0.00 exercise price) and "F" = payment of tax liability via share withholding.
• Shares vested/converted: 78,609 + 27,265 = 105,874 shares.
• Shares withheld for taxes: 24,637 + 8,545 = 33,182 shares (withholding value reported as $58,069).
• Net shares received by insider: 72,692 shares.
• Source of shares: footnotes indicate (1) a May 21, 2025 award of 235,850 RSUs with one-third vesting Mar 11, 2026 and (2) a Mar 11, 2024 award of 81,803 RSUs with annual tranche vesting.
• Shares owned after transaction: not specified in this Form 4.
• Filing timeliness: appears timely (filed within required window); no late filing noted.

Context
This was a routine vesting of RSU compensation, converting granted units into common stock with a portion withheld to cover taxes (a form of cashless settlement). Such transactions are compensation-related and are not necessarily an indicator of insider sentiment about the company’s stock price.