Form 4: Xylem Inc. Executive Rodney Aulick Reports Stock Transaction
SEC Form 4 Filing
Rodney Aulick, SVP & President of Water Solutions and Services at Xylem Inc., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 24, 2024, Rodney Aulick, SVP & President, WSS of Xylem Inc., disposed of 1,609 shares of common stock.
- The transaction was executed to cover the tax liability associated with the vesting of restricted stock units granted on March 24, 2023.
- The shares were disposed of at a price of $144.25 per share.
- Following the transaction, Aulick directly owns 76,287 shares of Xylem Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/24/2023 | Date of grant for the restricted stock units. |
| 02/24/2016 | Date of amendment and restatement of the Xylem 2011 Omnibus Incentive Plan. |
| 05/24/2024 | Date of the stock transaction (disposal of shares). |
| 05/28/2024 | Date of signature on the Form 4 filing. |
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