Form 4: Keysight SVP John Page Reports Equity Transactions

Keysight Technologies SVP John Page reported the acquisition of performance shares and restricted stock units, alongside tax-related dispositions.

Summary

• John Page, Senior Vice President (SVP) of Keysight Technologies, Inc. (KEYS), reported several transactions involving the company's common stock.
• On November 19, 2025, Mr. Page was awarded 2,574 shares of common stock under the Keysight Technologies, Inc. Long-Term Performance Program at a price of $0.
• Also on November 19, 2025, Mr. Page surrendered 1,277 shares of common stock to Keysight at a price of $174.61 per share to satisfy tax liability related to the release of the Long-Term Performance shares.
• Additionally, on November 19, 2025, Mr. Page was granted 2,970 restricted stock units (RSUs) under the Keysight 2014 Equity and Incentive Compensation Plan, with an acquisition price of $0. These RSUs are scheduled to vest in equal installments on each of the first four anniversaries of the grant date.
• On November 20, 2025, Mr. Page surrendered 465 shares of common stock to Keysight at a price of $169.67 per share to satisfy tax liability on the release of restricted shares.
• Following these transactions, Mr. Page's direct beneficial ownership of common stock increased from 38,339.6 shares to 40,032.6 shares after the awards, then decreased to 37,062.6 shares after the first tax disposition, and finally settled at 39,567.6 shares after the second tax disposition.

Sentiment

Score: 5

Explanation: The filing reports routine executive compensation and tax-related transactions, which are neutral in sentiment. It does not contain information that would significantly alter the company's fundamental outlook or financial health.

Positives

• SVP John Page received an award of 2,574 shares of common stock under the company's Long-Term Performance Program, indicating achievement of performance targets.
• SVP John Page was granted 2,970 Restricted Stock Units (RSUs), aligning executive incentives with long-term shareholder value.

Negatives

• SVP John Page disposed of 1,277 shares of common stock at $174.61 per share to cover tax liabilities associated with the performance share release.
• SVP John Page disposed of 465 shares of common stock at $169.67 per share to cover tax liabilities associated with the restricted share release.

Future Outlook

The Restricted Stock Units (RSUs) granted on November 19, 2025, are scheduled to vest in equal installments on each of the first four anniversaries of the grant date, indicating future equity distributions.

Industry Context

This Form 4 filing details routine insider transactions related to executive compensation, which is a standard practice across publicly traded companies to incentivize and retain key management personnel. The specific equity awards and tax-related dispositions are typical components of executive compensation packages in the technology and instrumentation sector.

Corporate Governance

Stakeholder Impact

• Shareholders: The equity awards align executive interests with long-term shareholder value. The tax-related dispositions are routine and do not indicate a change in management's confidence.
• Employees: Reflects the company's established compensation practices for senior leadership, which can influence broader employee compensation strategies and morale.

Next Steps

• 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.

Key Dates

Keywords

Keysight Technologies, KEYS, Form 4, Insider Transaction, Equity Award, Restricted Stock Units, Performance Shares, Executive Compensation, Stock Disposition, Tax Withholding