Form 4: Keysight Director Sells 30,000 Shares Under 10b5-1 Plan

Keysight Technologies Director Ronald S. Nersesian sold 30,000 shares of common stock for approximately $5.9 million under a pre-arranged 10b5-1 trading plan.

Summary

• Ronald S. Nersesian, a Director of Keysight Technologies, Inc. (KEYS), reported a sale of common stock.
• The transaction involved the disposition of 30,000 shares of Keysight Technologies common stock.
• The shares were sold at an average weighted price of $196.877 per share, with a price range from $196.670 to $197.275.
• The total value of the shares sold is approximately $5,906,310 (30,000 shares * $196.877/share).
• Following this transaction, Mr. Nersesian directly beneficially owns 198,389.059 shares of common stock.
• The transaction was executed on November 28, 2025, and was reported on December 2, 2025.
• The sale was conducted pursuant to a Rule 10b5-1(c) pre-arranged trading plan.

Sentiment

Score: 5

Explanation: The transaction is a routine insider sale conducted under a pre-arranged 10b5-1 plan, which typically has a neutral to slightly negative sentiment as it's a reduction in insider ownership but not indicative of new negative information.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not based on new, non-public information.

Negatives

• A director's sale of a significant number of shares, even under a 10b5-1 plan, reduces their direct ownership in the company.
• The sale represents a reduction in insider holdings, which some investors may interpret as a lack of confidence, although the 10b5-1 plan mitigates this interpretation.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context.

Stakeholder Impact

• Shareholders: The sale reduces the director's direct ownership, which could be interpreted by some as a minor negative signal, though mitigated by the 10b5-1 plan.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this insider transaction report.

Key Dates

Recommendation

This Form 4 reports a pre-scheduled insider sale under a 10b5-1 plan. While it reduces insider ownership, it does not typically signal new material information about the company's performance or prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing. Investors should continue to hold based on broader company fundamentals and market conditions.

Keywords

Keysight Technologies, KEYS, Form 4, insider trading, stock sale, director, Ronald S. Nersesian, 10b5-1 plan, beneficial ownership