Xerox adopts cash retention plan for critical employees through 2028 transformation

Filed July 2, 2026 · Period ending June 29, 2026 · ~1 min read

Key Changes

• medium

  Xerox approved a cash retention plan effective July 1, 2026, to retain critical talent during a multi-year transformation. Awards vest quarterly over two years; CEO and CFO are not expected to participate.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Plan includes change-in-control protections: if a participant is terminated without cause or resigns for good reason within 12 months after a change in control, all unvested awards immediately vest.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• low

  Retention awards are cash-based, vesting in eight equal quarterly installments over two years, with payment within 30 days after each vesting date. Vesting requires continued employment.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →