Form 4: Xylem CEO Sells Shares for Tax Obligation
Insider Transaction Report
Xylem Inc.'s President and CEO, Matthew F. Pine, disposed of 1,846 shares of common stock to cover tax liabilities related to vested restricted stock units.
Summary
- Matthew F. Pine, President and CEO of Xylem Inc., reported a transaction involving the company's common stock.
- The transaction occurred on March 5, 2026, and involved the disposition of 1,846 shares.
- The shares were disposed of at a price of $126.19 per share.
- This disposition was for the purpose of paying tax liability incident to the vesting of restricted stock units (RSUs).
- The RSUs were granted on March 5, 2025, under the Xylem 2011 Omnibus Incentive Plan.
- Following this transaction, Matthew F. Pine directly owns 45,105 shares of common stock.
- Additionally, 34,007 shares are indirectly owned through the Matthew F. Pine and Angeles Lopez Guerrero Living Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this transaction as neutral. It is a routine, non-discretionary sale to cover tax obligations associated with vested equity awards, rather than a discretionary sale indicating a change in insider sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding Xylem Inc.'s future outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholding upon the vesting of equity awards like restricted stock units, are common and generally considered administrative in nature. Such transactions typically do not reflect a change in management's sentiment about the company's future prospects, unlike open market sales.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or a significant reduction in overall holdings.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Grant date of restricted stock units (RSUs) under the Xylem 2011 Omnibus Incentive Plan. |
| 03/05/2026 | Date of transaction where shares were disposed of to cover tax liability incident to RSU vesting. |
| 03/06/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
Xylem Inc., XYL, Matthew F. Pine, Insider Transaction, Form 4, Restricted Stock Units, Tax Liability, CEO, Common Stock
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