Form 4: Keysight CFO Sells Shares for Tax Obligations

Keysight Technologies' EVP and CFO, Neil Dougherty, reported the sale of 3,754 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

• Neil Dougherty, EVP and CFO of Keysight Technologies, Inc. (KEYS), reported multiple transactions involving the disposition of common stock.
• On November 14, 2025, 1,527 shares were disposed of at a price of $179.06 per share.
• Also on November 14, 2025, an additional 1,235 shares were disposed of at a price of $179.06 per share.
• On November 17, 2025, 992 shares were disposed of at a price of $175.51 per share.
• The total number of shares disposed across these transactions is 3,754.
• These dispositions were made to satisfy tax liabilities arising from the release of restricted shares, in accordance with Rule 16b-3.
• Following these transactions, Neil Dougherty beneficially owns 111,474.206 shares of Keysight Technologies common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. While shares were sold, it was a non-discretionary transaction for tax purposes related to the vesting of restricted stock, which is a positive event for the executive and a routine part of equity compensation. It does not signal a lack of confidence in the company.

Positives

• Vesting of restricted shares indicates the executive is receiving equity compensation, aligning interests with shareholders.
• The transactions are non-discretionary, solely for tax purposes, not a discretionary sale by the executive.

Negatives

• A reduction in the executive's direct shareholding, albeit for tax purposes, slightly decreases their direct ownership stake.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to equity compensation and tax obligations, common across all industries for executives receiving restricted stock units or similar awards. It does not reflect specific industry trends for Keysight Technologies.

Stakeholder Impact

• Shareholders: Minimal direct impact. The sale is routine for tax purposes and does not signal a change in executive confidence. The overall float of shares remains largely unchanged.
• Employees: No direct impact.
• Management: The EVP and CFO continues to hold a significant number of shares, maintaining alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 filing details routine, non-discretionary sales of Keysight Technologies shares by the EVP and CFO to cover tax obligations upon the vesting of restricted stock. Such transactions are a standard part of executive compensation and do not indicate a change in the executive's outlook on the company's performance or prospects. Therefore, the filing itself provides no new information that would warrant a change in investment recommendation; a 'hold' stance is maintained based on the neutrality of this specific disclosure.

Keywords

Keysight Technologies, KEYS, Form 4, Insider Trading, Neil Dougherty, CFO, Stock Sale, Restricted Stock, Tax Liability, Equity Compensation, Officer Transaction