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While Shareholders Watch, Xerox Officers Pocket Thousand$ in Stock
On March 11, 2026, CEO Steven John Bandrowczak saw 388,348 RSUs vest, Pastor had 105,874 RSUs vest, and Twomey had 19,350 RSUs vest, each converting one-for-one into common stock. To cover taxes, the company withheld 145,637 of Bandrowczak’s shares ($254,865), 33,182 of Pastor’s ($58,069), and 9,354 of Twomey’s ($16,370)—a standard withholding mechanism rather than an open-market sale. Even after taxes, Bandrowczak now directly holds 741,852 shares, Pastor 197,653 shares, and Twomey 9,996 shares, highlighting how insiders continue to accumulate massive equity stakes without spending a dime, while ordinary shareholders see no immediate gains. These routine, non-discretionary equity events raise questions about the widening gap between executive wealth and everyday investor returns.
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