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Xerox Corporation director just picked up 22,379 shares

Jesse Lynn, a director of Xerox Corporation, recently acquired 22,379 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on May 25, 2023. Lynn now owns 50,978 shares of the company. Lynn operates out of Norwalk, CT. Some additional info was provided as follows:

Each Deferred Stock Unit (DSU) represents the right to receive one share of common stock upon the reporting person's termination of service as a director or death, subject to any applicable deferral period. These DSUs will vest on May 25, 2024. Balance adjusted to reflect 453 DSUs awarded June 30, 2022; 508 DSUs awarded September 30, 2022; 479 DSUs awarded December 31, 2022; and 465 DSUs awarded March 31, 2023 from dividend equivalents attributable to DSUs held as of the relevant record dates.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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