---
schema_version: "secwatch.filing_event.v1"
accession: "0001688568-24-000024"
form_type: "8-K/A"
ticker: "DXC"
cik: "0001688568"
company_name: "DXC Technology Co"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:20:51.105318+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# DXC discloses CEO Raul Fernandez employment agreement with $1.38M salary, $14.95M equity

## Summary
- Annual base salary of $1,380,000; target annual bonus 200% of base salary.
- FY2025 equity award of $14,950,000: 70% performance-vesting RSUs, 30% time-vested RSUs.
- Initial PSU award of 106,666 target shares; vesting based on 60-day average share price performance ending March 31, 2026.
- Severance: 2x (or 3x upon change-in-control) base salary plus target bonus for termination without cause or for good reason.
- Perquisites: company aircraft for personal domestic use, $50K annual tax prep/financial planning, $50K concierge medical premiums.

## SEC filing metadata
- accession: 0001688568-24-000024
- form_type: 8-K/A
- ticker: DXC
- cik: 0001688568
- company_name: DXC Technology Co
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688568/000168856824000024/0001688568-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688568/000168856824000024/dxc-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001688568-24-000024
- JSON: https://secwatch.observer/filing/0001688568-24-000024.json
- Plain text: https://secwatch.observer/filing/0001688568-24-000024.txt

## Key facts
- Executive change
  Raul Fernandez was appointed as Chief Executive Officer at DXC Technology Co.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: In connection with Mr. Fernandez’s appointment, DXC entered into an employment agreement with Mr. Fernandez on March 31, 2024, which was effective as of April 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1688568/000168856824000024/0001688568-24-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.