Form 4: Keysight CFO's Equity Transactions and RSU Grants

Keysight Technologies' EVP and CFO, Neil Dougherty, reported recent equity transactions including performance share awards and RSU grants, alongside tax-related share disposals.

Summary

• Neil Dougherty, EVP and CFO of Keysight Technologies, Inc., reported several equity transactions on November 19 and 20, 2025.
• On November 19, 2025, 8,051 shares of common stock were awarded to Mr. Dougherty under the company's Long-Term Performance Program.
• Also on November 19, 2025, 15,207 shares of common stock underlying Restricted Stock Units (RSUs) were granted, which will vest in equal installments over the next four anniversaries.
• To satisfy tax liabilities on the release of performance shares, Mr. Dougherty surrendered 3,992 shares at a price of $174.61 on November 19, 2025.
• An additional 1,549 shares were surrendered at a price of $169.67 on November 20, 2025, to cover tax liabilities on the release of restricted shares.
• Following these transactions, Mr. Dougherty beneficially owns 129,191.206 shares of Keysight Technologies common stock directly.

Sentiment

Score: 5

Explanation: The filing reports routine executive compensation transactions and tax withholdings, which are standard practice and do not inherently indicate a positive or negative shift in company fundamentals or outlook.

Positives

• Award of 8,051 shares under the Long-Term Performance Program, aligning executive incentives with long-term company performance.
• Grant of 15,207 Restricted Stock Units (RSUs), further aligning executive interests with shareholder value creation over a four-year vesting period.

Negatives

• Disposal of 3,992 shares at $174.61 and 1,549 shares at $169.67 to cover tax liabilities, which reduces direct share ownership.

Future Outlook

The Restricted Stock Units (RSUs) granted on November 19, 2025, will vest in equal installments on each of the first four anniversaries of the grant date, indicating future share releases and continued executive incentive alignment.

Industry Context

This Form 4 filing details routine executive compensation transactions, which are common across publicly traded companies as a mechanism to incentivize and retain key management personnel. It does not provide information on broader industry trends or competitive positioning.

Corporate Governance

Related Party Transactions

• Surrender of 3,992 shares to Keysight Technologies, Inc. to satisfy tax liability on the release of Long-Term Performance shares.
• Surrender of 1,549 shares to Keysight Technologies, Inc. to satisfy tax liability on the release of restricted shares.

Stakeholder Impact

• Shareholders: The equity awards and RSU grants align the interests of the EVP and CFO with those of shareholders, incentivizing long-term company performance and value creation.

Next Steps

• Vesting of Restricted Stock Units (RSUs) in equal installments on each of the first four anniversaries of the November 19, 2025 grant date.

Key Dates

Keywords

Keysight Technologies, KEYS, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, RSU, Performance Shares, Neil Dougherty