Pine Matthew Francis 4
4 · Xylem Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Xylem (XYL) CEO Matthew Pine Receives Stock Awards
What Happened
- Matthew Pine, President & CEO and a director of Xylem (XYL), received a package of stock awards and vested performance-based units in filings dated March 1–2, 2026. Total shares acquired = 88,157 (combining vested PSUs/RSUs and a derivative option award). The filing also shows 8,090 shares were withheld/disposed to cover tax liabilities.
- Major items reported: four performance-based vestings on March 1 totaling 14,666 shares (values shown at $128.98 per share for those items, totaling ~$1.9M combined); an award of 16,105 RSU-type shares (no cash value listed) on March 2; and a derivative award of 57,386 shares priced at $128.98 (reported value ~$7,401,646). Tax-withholding disposals on March 2 totaled 8,090 shares (proceeds/value shown as $1,043,448).
Key Details
- Transaction dates & prices:
- 2026-03-01: Vesting of PSUs — 5,243 @ $128.98 ($676,242), 4,328 @ $128.98 ($558,225), 2,943 @ $128.98 ($379,588), 2,152 @ $128.98 ($277,565).
- 2026-03-02: RSU-type acquisition — 16,105 @ $0.00 (no cash shown).
- 2026-03-02: Derivative award (options) — 57,386 @ $128.98 (reported value $7,401,646).
- 2026-03-02: Tax withholding (disposals) — 4,927 @ $128.98 ($635,484), 847 @ $128.98 ($109,246), 2,316 @ $128.98 ($298,718); total withheld = 8,090 shares ($1,043,448).
- Shares acquired total: 88,157. Shares withheld for taxes: 8,090.
- Footnotes/notes of interest:
- Several items were performance-based stock units that vested upon achieving metrics (TSR, Adjusted EBITDA, Revenue, ESG) (F1, F3–F5).
- Some awards are RSUs scheduled to vest in one-third increments (F6) and the large derivative award reflects non‑qualified stock options that vest in thirds on Mar 1 of 2027–2029 (F10).
- Withholding of shares to satisfy tax liabilities is noted for the vested awards (F7–F9). Dividend reinvestment increased some share counts (F2).
- Shares owned after the transactions are not specified in the summary excerpt of the filing.
- No 10b5‑1 plan or late filing indication is noted in the provided filing details.
Context
- These are primarily awards/vestings (code A) and tax-withholding disposals (code F), not open-market purchases or discretionary sales — common executive compensation events rather than immediate market bets.
- The 57,386-share item is an option award (derivative) that will vest over future years per the footnote; it does not represent immediately sold shares or cash proceeds. Withholding of shares to cover taxes is routine when awards vest.
Insider Transaction Report
Form 4
Xylem Inc.XYL
Pine Matthew Francis
DirectorPres. & CEO
Transactions
- Award
Common Stock
[F1][F2]2026-03-01$128.98/sh+5,243$676,242→ 29,513 total - Award
Common Stock
[F3]2026-03-01$128.98/sh+4,328$558,225→ 33,841 total - Award
Common Stock
[F4]2026-03-01$128.98/sh+2,943$379,588→ 36,784 total - Award
Common Stock
[F5]2026-03-01$128.98/sh+2,152$277,565→ 38,936 total - Award
Common Stock
[F6]2026-03-02+16,105→ 55,041 total - Tax Payment
Common Stock
[F7]2026-03-02$128.98/sh−4,927$635,484→ 50,114 total - Tax Payment
Common Stock
[F8]2026-03-02$128.98/sh−847$109,246→ 49,267 total - Tax Payment
Common Stock
[F9]2026-03-02$128.98/sh−2,316$298,718→ 46,951 total - Award
Non-Qualified Stock Option (Right to Buy)
[F10]2026-03-02$128.98/sh+57,386$7,401,646→ 57,386 totalExercise: $128.98Exp: 2036-03-02→ Common Stock (57,386 underlying)
Holdings
- 34,007(indirect: By Trust)
Common Stock
Footnotes (10)
- [F1]Reflects the acquisition of 5,243 shares of common stock upon vesting of performance-based stock units granted on March 1, 2023 under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016), upon achievement of performance criteria related to Total Shareholder Return.
- [F10]Reflects an award of non-qualified stock options pursuant to the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016) that are scheduled to vest in one-third increments on March 1, 2027, March 1, 2028 and March 1, 2029.
- [F2]Includes additional shares due to dividend reinvestment.
- [F3]Reflects the acquisition of 4,328 shares of common stock upon vesting of performance-based stock units granted on March 1, 2023 under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016), upon achievement of performance criteria related to Adjusted EBITDA.
- [F4]Reflects the acquisition of 2,943 shares of common stock upon vesting of performance-based stock units granted on March 1, 2023 under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016), upon achievement of performance criteria related to Revenue.
- [F5]Reflects the acquisition of 2,152 shares of common stock upon vesting of performance-based stock units granted on March 1, 2021 under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016), upon achievement of performance criteria related to ESG performance.
- [F6]Reflects an award of restricted stock units pursuant to the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016) that are scheduled to vest in one third increments on March 1, 2027, March 1, 2028 and March 1, 2029.
- [F7]Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting of performance-based stock units granted on March 1, 2023 under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February, 24 2016).
- [F8]Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting of ESG performance-based stock units granted on March 1, 2021 under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February, 24, 2016).
- [F9]Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting of restricted stock units granted on March 1, 2023 (649) and March 1, 2024 (1,667) under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016).
Signature
/s/ Mike Nazario, by power of attorney for Matthew Pine|2026-03-03