Form 4: Xylem Inc. Director Jerome A. Peribere Reports Transfer of Shares to Revocable Trust
SEC Form 4 Filing
Director Jerome A. Peribere reports a transfer of Xylem Inc. shares to a revocable trust and dividend reinvestment.
Summary
- On August 27, 2024, Jerome A. Peribere, a director of Xylem Inc., reported a transaction involving the transfer of 1,839 shares of common stock from his personal account to the Jerome A. Peribere 2016 Revocable Trust.
- The reporting person is the trustee and sole beneficiary of the trust along with immediate family members.
- Following the transaction, Peribere directly owns 2,736 shares and indirectly owns 25,999 shares through the trust.
- The reported direct holdings include additional shares due to dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't convey any strong positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a strategic shift for Xylem Inc.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of stock transfer to the Jerome A. Peribere 2016 Revocable Trust |
| 08/29/2024 | Date of signature for the report |
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