Tax withholding reduces Xylem (NYSE: XYL) EVP Albert Cho’s share count
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xylem Inc. executive Albert Cho reported a tax-related share disposition. The company withheld 177 shares of common stock to cover taxes due on the vesting of restricted stock units, leaving him with 16,411 shares of Xylem common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cho Albert
Role
EVP, Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 177 | $126.19 | $22K |
Holdings After Transaction:
Common Stock — 16,411 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Xylem (XYL) EVP Albert Cho report?
Albert Cho reported a disposition of 177 shares of Xylem common stock. The shares were withheld to satisfy tax liabilities arising from the vesting of restricted stock units under the Xylem 2011 Omnibus Incentive Plan.
Was the Xylem (XYL) insider transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay taxes related to the vesting of previously granted restricted stock units.
What does transaction code F mean in the Xylem (XYL) Form 4 filing?
Transaction code F indicates shares were used to pay an exercise price or tax liability. Here, it reflects withholding of common stock to cover taxes on vested restricted stock units, rather than a discretionary market trade.