Cozad Stacy 4
Research Summary
AI-generated summary
Xylem (XYL) EVP Stacy Cozad Receives Award; 70 Shares Withheld
What Happened
Stacy Cozad, EVP & Chief Legal Officer of Xylem Inc. (XYL), had 70 shares withheld to cover tax withholding upon the vesting of restricted stock units. The shares were valued at $126.19 each, for a total of $8,833. This was a tax-withholding disposition tied to an RSU vesting event—not an open-market sale or purchase.
Key Details
- Transaction date and price: March 5, 2026 — 70 shares at $126.19 per share (total $8,833).
- Transaction type/code: Tax withholding on vested RSUs (Form 4 code F).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Withholding reflects payment of tax liability for RSUs granted Sept 1, 2025 under the Xylem 2011 Omnibus Incentive Plan.
- Filing timeliness: Report filed 2026-03-06 for a 2026-03-05 transaction (filed timely).
Context
This was a routine tax-withholding event following RSU vesting (cashless withholding of shares), not an active sale or purchase in the market. Such transactions are common and generally reflect tax obligations rather than a change in the insider’s view of the company.