8-K

Xerox Holdings Corp (XRX)

8-K 2025-05-27 For: 2025-05-21
View Original
Added on April 07, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): May 21, 2025

LOGO

XEROX HOLDINGS CORPORATION

(Exact name of registrant as specified in its charter)

New York 001-39013 83-3933743
(State or other jurisdiction<br> <br>of incorporation) (Commission<br> <br>File Number) (IRS Employer<br> <br>Identification No.)

401 Merritt 7

Norwalk, Connecticut

06851

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (203) 849-5216

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading<br>Symbol Name of each exchange<br>on which registered
Xerox Holdings Corporation Common Stock, $1 par value XRX Nasdaq Global Select Market

Securities registered pursuant to Section 12(g) of the Act:

None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 21, 2025, the shareholders of Xerox Holdings Corporation (the “Company”) approved an amendment (the “Plan Amendment”) to the Xerox Holdings Corporation 2024 Equity and Performance Incentive Plan (the “Plan”) at the Company’s annual meeting of shareholders (the “2025 Annual Meeting”). The Company’s shareholders approved the Plan Amendment in accordance with the voting results set forth below under Item 5.07. The Plan Amendment was previously adopted by the Company’s Board of Directors, subject to shareholder approval.

The Plan was originally approved by the Company’s shareholders on May 22, 2024, and the term of the Plan ends on May 22, 2034, or such earlier date as determined by the Compensation and Human Capital Committee of the Board of Directors. The Plan Amendment became effective on May 21, 2025, following approval by the Company’s shareholders. The Plan Amendment increases the number of shares of the Company’s common stock available for issuance under the Plan by 6,682,000 shares and removes references to incentive stock options (which are not intended to be available for grant under the Plan).

The above description of the Plan Amendment does not purport to be complete and is qualified in its entirety by the full text of the Plan Amendment, set forth in Exhibit 10.1, and incorporated herein by reference.

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Item 5.07. Submission of Matters to a Vote of Security Holders

Set forth below are the matters on which the Company’s shareholders voted at the 2025 Annual Meeting, along with final voting results, as reported by the Company’s independent inspector of election.

1. Election of Directors. All nominees for director were elected.
Name For Against Abstain Non-Votes
--- --- --- --- --- --- --- --- ---
Steven J. Bandrowczak 76,331,259 1,432,933 181,881 18,261,684
John G. Bruno 75,949,543 1,813,909 182,621 18,261,684
Tami A. Erwin 74,180,868 3,587,579 177,626 18,261,684
Priscilla Hung 74,057,358 3,663,309 225,406 18,261,684
Scott Letier 75,462,135 2,274,162 209,776 18,261,684
Nichelle Maynard-Elliott 74,977,287 2,761,056 207,730 18,261,684
Edward G. McLaughlin 75,160,046 2,573,936 212,091 18,261,684
John J. Roese 76,400,817 1,346,362 198,894 18,261,684
Amy Schwetz 75,409,699 2,341,916 194,458 18,261,684
2. Ratification of appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2025. The selection of PricewaterhouseCoopers LLP was ratified.
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For Against Abstain Non-Votes
--- --- --- ---
92,154,808 3,752,114 300,835 0
3. Approval, on an advisory basis, of the 2024 compensation of the Company’s Named Executive Officers (“NEOs”), as defined and disclosed in Company’s proxy statement in connection with the 2025 Annual Meeting. The 2024 compensation of the Company’s NEOs was approved, on an advisory basis.
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For Against Abstain Non-Votes
--- --- --- ---
73,182,449 4,450,399 313,225 18,261,684
4. Proposal to approve an Amendment to the Company’s 2024 Equity and Performance Incentive Plan. The First Amendment to the 2024 Equity and Performance Incentive Plan was approved.
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For Against Abstain Non-Votes
--- --- --- ---
73,640,214 4,127,087 178,772 18,261,684
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Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit<br> <br>No. Description of Exhibit
10.1 First Amendment to the Xerox Holdings Corporation 2024 Equity and Performance Incentive Plan (Incorporated by reference to Annex A to Xerox Holdings Corporation’s Proxy Statement on Schedule 14A dated April 9, 2025. See SEC File Number 001-39013)
104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document).
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly authorized this Report to be signed on its behalf by the undersigned duly authorized.

XEROX HOLDINGS CORPORATION
By: /s/ Eric Risi
Eric Risi
Date: May 27, 2025 Assistant Secretary
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