Form 4: Agilent Technologies CFO Sells Shares to Cover Tax Obligations

Agilent Technologies' CFO, Robert W. McMahon, sold 1,295 shares to cover tax liabilities from vesting restricted stock units.

Summary

• Robert W. McMahon, the Senior Vice President and CFO of Agilent Technologies, Inc., sold 1,295 shares of common stock on November 15, 2024.
• The sale was executed to satisfy tax obligations related to the vesting of restricted stock units.
• The price per share for the transaction was $127.07.
• Following the transaction, Mr. McMahon beneficially owns 160,475.835 shares of Agilent Technologies common stock.
• Additionally, 171.4420 shares were acquired under the Agilent Technologies, Inc. dividend reinvestment plan and deferred.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• Form 4 filings are standard procedure for reporting insider transactions, ensuring transparency in the market.
• The number of shares sold is relatively small compared to the total shares owned by the CFO, which is typical for these types of transactions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders as it is a routine sale for tax purposes.

Key Dates

Keywords

Agilent Technologies, Robert W. McMahon, CFO, stock sale, insider trading, Form 4, tax liabilities, restricted stock units, dividend reinvestment