Form 4: Keysight Director Sells Shares in Pre-Planned Transaction

Keysight Technologies Director Richard P. Hamada sold 870 shares of common stock for an average price of $275.781 per share in a pre-arranged transaction.

Summary

• Richard P. Hamada, a Director of Keysight Technologies, Inc. (KEYS), reported a sale of common stock.
• The transaction involved the disposition of 870 shares of Keysight Technologies common stock.
• The sale occurred on March 30, 2026, at an average weighted price of $275.781 per share, with prices ranging from $275.500 to $276.020.
• Following this transaction, Mr. Hamada directly beneficially owns 42,160.266 shares of common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-scheduled sale.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it's an insider sale, the pre-planned nature under a 10b5-1 plan mitigates concerns that it's based on new, negative material information.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, which suggests a pre-planned sale rather than a reaction to recent company performance or news.

Negatives

• A director selling shares, even if pre-planned, reduces their direct ownership stake in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even when pre-planned under a 10b5-1 plan, are routinely monitored by investors for insights into management's perspective on future stock performance. While this specific transaction is small relative to Keysight's market capitalization, it is part of a broader trend of insider activity in the technology sector, where executives often diversify their holdings.

Comparison to Industry Standards

• This transaction is a routine insider sale under a 10b5-1 plan, a common practice among executives and directors to manage personal finances and diversify portfolios while adhering to insider trading regulations. For example, similar planned sales are frequently observed at companies like Apple (AAPL) or Microsoft (MSFT) where executives periodically sell a portion of their vested equity.
• The volume of shares sold (870) is relatively small compared to the total outstanding shares of Keysight Technologies, Inc., and also small relative to the director's remaining holdings of over 42,000 shares, suggesting it is not a significant divestment.

Related Party Transactions

• The sale of shares by a director to the open market is inherently a related party transaction in the context of insider reporting, as the director is a related party to the issuer.

Stakeholder Impact

• Shareholders: May interpret the sale as a slight reduction in insider confidence, though the 10b5-1 plan mitigates this. The impact on stock price is likely minimal due to the small volume.

Key Dates

Recommendation

The transaction represents a routine, pre-planned sale by a director under a 10b5-1 plan, not indicative of a change in the company's fundamental outlook or a reaction to new material information. The volume is small relative to the director's total holdings and the company's market capitalization, suggesting no significant shift in insider sentiment that would warrant a change from a 'hold' position based solely on this filing.

Keywords

Keysight Technologies, KEYS, Form 4, Insider Trading, Director Sale, Stock Transaction, Richard Hamada, 10b5-1 Plan