Form 4: Xylem Inc. Executive Rodney Aulick Reports Share Transaction
SEC Form 4 Filing
Rodney Aulick, SVP & President of Water Solutions and Services at Xylem Inc., reported a transaction involving the withholding of 1,558 shares for tax obligations related to vested performance share units.
Summary
- Rodney Aulick, a Senior Vice President at Xylem Inc., reported a transaction on December 16, 2024.
- The transaction involved the withholding of 1,558 shares of common stock to cover tax liabilities.
- These shares were related to the vesting of performance share units granted on December 31, 2021, under the Evoqua Water Technologies 2017 Equity Plan.
- These units were converted to Xylem restricted stock units following the merger on May 24, 2023.
- Following the transaction, Aulick beneficially owns 75,448 shares of Xylem common stock, which includes additional shares from dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of an insider transaction, which is neither positive nor negative for the company's performance. It is a standard part of executive compensation.
Industry Context
This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It reflects the vesting of equity compensation and the associated tax obligations.
Comparison to Industry Standards
- The reporting of insider transactions via SEC Form 4 is a standard practice for all publicly traded companies in the United States.
- The vesting of performance share units and the subsequent tax withholding are common forms of executive compensation.
- Companies like Danaher, Roper Technologies, and IDEX Corporation also use similar equity compensation plans for their executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine insider transaction.
- The transaction does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2021-12-31 | Performance share units granted under the Evoqua Water Technologies 2017 Equity Plan. |
| 2023-05-24 | Evoqua Water Technologies merged with Xylem, converting the performance share units to Xylem restricted stock units. |
| 2024-12-16 | Date of the reported share transaction where 1,558 shares were withheld for tax obligations. |
Keywords
Xylem Inc, Rodney Aulick, share transaction, Form 4, insider trading, equity compensation, performance share units, tax withholding, Evoqua Water Technologies, merger
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.