secwatch.observer — SEC 8-K summary
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Issuer:     DXC Technology Co (DXC)
CIK:        0001688568
Form:       8-K/A
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001193125-23-302130
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

DXC discloses interim CEO Raul Fernandez compensation: $115K monthly salary, $1.47M monthly RSUs, $1M retention bonus
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- Interim CEO Raul Fernandez receives base salary of $115,000 per month, prorated for partial months.
- Monthly RSU grant valued at $1,470,833, granted on last calendar day of each month, prorated for partial months.
- Cash retention bonus of $1,000,000 payable in lump sum, subject to repayment if Fernandez resigns before permanent CEO starts.
- Compensation effective upon appointment as Interim President and CEO; Board approved on December 22, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688568/000119312523302130/0001193125-23-302130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688568/000119312523302130/d626465d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-302130

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