Xylem (NYSE: XYL) EVP & Chief Legal Officer receives option and stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xylem Inc. executive Stacy Cozad, EVP & Chief Legal Officer, reported equity awards under the company’s incentive plan. She received 5,570 non-qualified stock options at an exercise price of $128.98 per share and 1,563 shares of common stock as a grant.
Both the options and the restricted stock units are scheduled to vest in one-third increments on March 1, 2027, March 1, 2028, and March 1, 2029. Following these transactions, she directly holds 5,570 options and 2,303 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cozad Stacy
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options (Right to Buy) | 5,570 | $128.98 | $718K |
| Grant/Award | Common Stock | 1,563 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 5,570 shares (Direct);
Common Stock — 2,303 shares (Direct)
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 one third increments on March 1, 2027, March 1, 2028 and March 1, 2029. Reflects an award of non-qualified stock options pursuant to the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016) that are scheduled to vest in one-third increments on March 1, 2027, March 1, 2028 and March 1, 2029.
FAQ
What insider transactions did Xylem (XYL) report for Stacy Cozad?
Xylem reported that EVP & Chief Legal Officer Stacy Cozad received equity awards, including stock options and restricted stock units. These awards are part of the company’s long-term incentive compensation and follow a multi-year vesting schedule tied to specific future dates.
How many stock options were granted to Xylem (XYL) executive Stacy Cozad?
Stacy Cozad was granted 5,570 non-qualified stock options with an exercise price of $128.98 per share. These options were awarded under Xylem’s 2011 Omnibus Incentive Plan and will vest in three equal installments over the next several years.
What is the vesting schedule for Stacy Cozad’s Xylem (XYL) equity awards?
Both the restricted stock units and the non-qualified stock options vest in one-third increments on March 1, 2027, March 1, 2028, and March 1, 2029. This staggered schedule is designed to promote long-term alignment with shareholder interests.
Under which plan were Stacy Cozad’s Xylem (XYL) awards granted?
The equity awards were granted under the Xylem 2011 Omnibus Incentive Plan, as amended and restated on February 24, 2016. This plan governs grants of restricted stock units and stock options to eligible employees, including senior executives like Stacy Cozad.