Xerox (XRX) options will be delisted on February 9, 2026, following a significant distribution event where shareholders of record on this date will receive one warrant for every two shares of Xerox stock they hold. These warrants, which give shareholders the right to purchase additional Xerox stock at a future date, will be distributed around February 11, 2026. As a result, Xerox options trading will cease, impacting investors who hold options contracts, as they’ll need to manage their positions before the delisting date. However, Xerox’s common stock will likely continue to trade, either on its current exchange or possibly through over-the-counter (OTC) markets if delisted. This move is typically seen during corporate restructurings or significant financial events, but it does not indicate that Xerox stock will be removed from major stock indexes unless the company is delisted from its exchange. Shareholders receiving warrants will have an opportunity to purchase more stock in the future, but options traders should be aware of the changes ahead.