Xylem (XYL) SVP, CAO logs 64-share tax-withholding disposition in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xylem Inc. SVP and Chief Accounting Officer Geri-Michelle McShane reported a small share disposition tied to taxes, not an open-market trade. On the reported date, 64 shares of Xylem common stock were withheld at a price of $126.19 per share to cover tax liabilities from vesting restricted stock units. After this tax-withholding disposition, she held 4,727 Xylem common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McShane Geri-Michelle
Role
SVP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 64 | $126.19 | $8K |
Holdings After Transaction:
Common Stock — 4,727 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Xylem (XYL) report for Geri-Michelle McShane?
Xylem reported that SVP and CAO Geri-Michelle McShane had 64 shares of common stock withheld to satisfy tax liabilities from vesting restricted stock units, rather than executing an open-market trade. This tax-related disposition is coded as an F transaction on the Form 4.
Was the Xylem (XYL) Form 4 transaction a regular stock sale?
No, the Form 4 shows a tax-withholding disposition, not a regular market sale. Xylem withheld 64 common shares at $126.19 per share to pay taxes due on vesting restricted stock units under the company’s 2011 Omnibus Incentive Plan.
What does transaction code F mean in the Xylem (XYL) Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In Xylem’s filing, 64 shares of common stock were withheld to pay taxes on vesting restricted stock units, as described in the footnote referencing the 2011 Omnibus Incentive Plan.
Which Xylem (XYL) equity plan is referenced in this Form 4 transaction?
The transaction relates to restricted stock units granted under the Xylem 2011 Omnibus Incentive Plan, as amended and restated on February 24, 2016. Shares were withheld to cover tax liabilities arising from the vesting of those units, rather than being sold through the market.
Does the Xylem (XYL) Form 4 indicate buying or selling activity by the SVP, CAO?
The Form 4 shows a dispose-type transaction for tax withholding, not a voluntary buy or sell order. Shares were automatically withheld to satisfy tax obligations from vesting restricted stock units, leaving Geri-Michelle McShane with 4,727 directly held Xylem common shares afterward.