McGann Michael J. 4
4 · Xylem Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Xylem (XYL) EVP Michael McGann Sells 238 Shares for Taxes
What Happened
Michael J. McGann, EVP & President, Municipal & Commercial Solutions (MCS) at Xylem, had 238 shares of Xylem common stock withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was recorded on 2026-03-05 at an implied value of $126.19 per share, totaling approximately $30,033. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-05; price used for withholding: $126.19 per share.
- Shares withheld/disposed: 238; total value withheld: ~$30,033.
- Shares owned after transaction: Not reported in this filing.
- Footnote: Withholding was to pay the tax liability incident to the vesting of restricted stock units granted on March 5, 2025, under the Xylem 2011 Omnibus Incentive Plan (Amended Feb 24, 2016).
- Filing date: 2026-03-06 (covers activity on 2026-03-05); filing appears timely.
- Transaction code: F = tax withholding to satisfy tax liability.
Context
Tax-withholding dispositions are routine when RSUs vest and do not necessarily indicate a personal decision to sell stock for investment reasons. Code F transactions simply reflect shares retained by the company to cover withholding obligations rather than a market sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$126.19/sh−238$30,033→ 11,987 total
Footnotes (1)
- [F1]Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting of restricted stock units granted on March 5, 2025 (238) under the Xylem 2011 Omnibus Incentive Plan (Amended and Restated February 24, 2016).