RSU grant adds 2,481 Xylem (NYSE: XYL) director shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRIEL ROBERT F reported acquisition or exercise transactions in this Form 4 filing.
Xylem Inc. director Robert F. Friel received an equity award in the form of 2,481 shares of common stock, reported as a grant of restricted stock units valued at $116.88 per share. After this award, he directly holds 38,706 shares, including amounts credited through dividend reinvestment.
The award was granted under the Xylem 2011 Omnibus Incentive Plan and is scheduled to vest in full on the trading day before the 2027 Annual Meeting of Shareholders. Friel has elected to defer settlement of this RSU award until his Separation from Service, meaning he will receive the underlying shares at that later time rather than at vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRIEL ROBERT F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,481 | $116.88 | $290K |
Holdings After Transaction:
Common Stock — 38,706 shares (Direct, null)
Footnotes (1)
- Reflects an award of restricted stock units pursuant to the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016) that are scheduled to vest in full on the trading day prior to the 2027 Annual Meeting of Shareholders. The Reporting Person has elected to defer the settlement of the RSU Award until Separation from Service. Includes additional shares due to dividend reinvestment.
Key Figures
RSU shares granted: 2,481 shares
Grant reference price: $116.88 per share
Shares held after award: 38,706 shares
+1 more
4 metrics
RSU shares granted
2,481 shares
Restricted stock unit award to director Robert F. Friel
Grant reference price
$116.88 per share
Value per share used for the RSU award
Shares held after award
38,706 shares
Direct Xylem common stock holdings after the grant
Vesting timing
Trading day prior to 2027 Annual Meeting
Scheduled vesting date for the RSU award
Key Terms
restricted stock units, Xylem 2011 Omnibus Incentive Plan, dividend reinvestment, Separation from Service
4 terms
restricted stock units financial
"Reflects an award of restricted stock units pursuant to the Xylem 2011 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Xylem 2011 Omnibus Incentive Plan financial
"Reflects an award of restricted stock units pursuant to the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016)"
dividend reinvestment financial
"Includes additional shares due to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Separation from Service financial
"The Reporting Person has elected to defer the settlement of the RSU Award until Separation from Service."
FAQ
What insider transaction did Xylem (XYL) report for Robert F. Friel?
Xylem reported that director Robert F. Friel received an equity award of 2,481 restricted stock units of common stock. The award is compensation under the company’s incentive plan, not an open-market purchase, and increases his direct holdings to 38,706 shares after the grant.
When do Robert F. Friel’s new Xylem (XYL) RSUs vest?
The restricted stock units are scheduled to vest in full on the trading day immediately before Xylem’s 2027 Annual Meeting of Shareholders. Vesting marks when the award becomes earned, although the actual share delivery is deferred until the director’s Separation from Service.
What does deferring settlement of Xylem (XYL) RSUs until Separation from Service mean?
Deferring settlement means the director will not receive the underlying Xylem shares at vesting, but instead upon his Separation from Service. The RSUs still vest on the set date, yet actual share delivery and any related taxable event are postponed until his departure.