Form 4: Keysight SVP Ingrid Estrada Reports Tax-Related Share Surrender

Keysight Technologies SVP Ingrid Estrada reported the surrender of 2,161 common shares across three transactions to cover tax liabilities related to restricted stock releases.

Summary

• Ingrid A. Estrada, Senior Vice President (SVP) of Keysight Technologies, Inc. (KEYS), reported three transactions involving the surrender of common stock.
• On November 14, 2025, Estrada surrendered 949 shares of common stock at a price of $179.06 per share to satisfy tax liability on the release of restricted shares.
• Also on November 14, 2025, an additional 661 shares were surrendered at $179.06 per share for the same tax liability purpose.
• On November 17, 2025, Estrada surrendered 551 shares of common stock at a price of $175.51 per share, again to satisfy tax liability on the release of restricted shares.
• Following these transactions, Estrada's direct beneficial ownership of Keysight Technologies common stock stands at 104,429.19 shares.
• The transactions were made pursuant to Rule 16b-3, indicating they are related to employee benefit plans.

Sentiment

Score: 5

Explanation: The filing reports routine, non-discretionary insider transactions for tax purposes, which are neutral in sentiment. They do not indicate positive or negative operational performance or strategic shifts.

Positives

• The underlying event for the share surrender is the release of restricted shares, which represents a form of compensation for the SVP.
• The transactions are routine tax withholdings, indicating compliance with tax obligations related to equity compensation.

Negatives

• No inherently negative aspects are present, as the share surrenders are non-discretionary transactions to cover tax liabilities on vested equity.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically the surrender of shares to cover tax obligations upon the vesting of restricted stock. Such transactions are common across all industries for executives receiving equity compensation and do not typically reflect a change in company strategy or market outlook.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine tax-related transactions by an insider and do not signal a change in company fundamentals or management's view of the stock.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

Keysight Technologies, KEYS, Ingrid Estrada, SVP, Form 4, Insider Transaction, Restricted Stock, Tax Liability, Equity Compensation