Form 4: Xylem Inc. SVP William K. Grogan Reports Stock Transaction
SEC Form 4 Filing
William K. Grogan, SVP & Chief Financial Officer of Xylem Inc., reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On March 1, 2025, William K. Grogan, SVP & Chief Financial Officer of Xylem Inc., had 396 shares of common stock withheld to cover tax liabilities.
- This was related to the vesting of restricted stock units granted on March 1, 2024, under the Xylem 2011 Omnibus Incentive Plan.
- Following the transaction, Grogan beneficially owns 28,077 shares of Xylem Inc. common stock, which includes additional shares due to dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of restricted stock units grant. |
| 02/24/2016 | Date of amendment and restatement of the Xylem 2011 Omnibus Incentive Plan. |
| 03/01/2025 | Date of stock transaction (tax withholding). |
| 03/04/2025 | Date of signature on the Form 4. |
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.