Xylem (NYSE: XYL) CFO has 641 shares withheld to cover tax liability
Rhea-AI Filing Summary
Xylem Inc. Executive Vice President and Chief Financial Officer William K. Grogan reported a tax-related share disposition. On March 5, 2026, 641 shares of Xylem common stock were withheld at $126.19 per share to cover the tax liability from vesting restricted stock units granted on March 5, 2025.
These shares were withheld under the Xylem 2011 Omnibus Incentive Plan (as amended). After this tax-withholding disposition, Grogan directly owned 39,510 shares of Xylem common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 641 shares
Net Sell
1 txn
Insider
Grogan William K
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 641 | $126.19 | $81K |
Holdings After Transaction:
Common Stock — 39,510 shares (Direct)
Footnotes (1)
- F1. Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting of restricted stock units granted on March 5, 2025 (641) under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016).
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FAQ
What insider transaction did Xylem (XYL) disclose for CFO William Grogan?
Xylem disclosed that CFO William Grogan had 641 common shares withheld to cover taxes on vesting restricted stock units. The shares were valued at $126.19 each and the withholding was executed under the Xylem 2011 Omnibus Incentive Plan.
Was the Xylem (XYL) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 641 shares were withheld to satisfy Grogan’s tax liability arising from restricted stock units vesting under Xylem’s 2011 Omnibus Incentive Plan, rather than being sold on the market.
What equity plan governed the Xylem (XYL) CFO’s restricted stock units and tax withholding?
The restricted stock units and related tax-withholding transaction were governed by the Xylem 2011 Omnibus Incentive Plan, as amended and restated on February 24, 2016. The 641 shares were withheld to satisfy tax obligations when those units vested on March 5, 2025.