Form 4: Keysight SVP Li Reports Stock Awards, Tax-Related Disposals

Keysight Technologies' SVP and Secretary, Jeffrey K. Li, reported the acquisition of common stock through performance awards and restricted stock units, alongside tax-related share disposals.

Summary

• Jeffrey K. Li, SVP and Secretary of Keysight Technologies, Inc., reported several transactions involving the company's common stock.
• On November 19, 2025, Li was awarded 4,170 shares of common stock under the Long-Term Performance Program.
• Also on November 19, 2025, Li surrendered 2,068 shares of common stock to Keysight to cover tax liabilities related to the performance share release, at a price of $174.61 per share.
• Additionally, on November 19, 2025, Li received 7,841 shares of common stock underlying restricted stock units (RSUs) granted under the Keysight 2014 Equity and Incentive Compensation Plan.
• On November 20, 2025, Li surrendered 933 shares of common stock to Keysight to satisfy tax liability on the release of restricted shares, at a price of $169.67 per share.
• Following these transactions, Li's direct beneficial ownership of Keysight common stock stands at 40,633.146 shares.

Sentiment

Score: 7

Explanation: The filing indicates a net increase in the executive's potential ownership through new awards, which is generally positive for aligning management interests with shareholders. The disposals are solely for tax purposes and are a standard part of equity compensation.

Positives

• Jeffrey K. Li was awarded 4,170 shares of common stock under the Long-Term Performance Program, indicating continued incentive and alignment with company performance.
• Li received 7,841 shares of common stock underlying restricted stock units (RSUs), further increasing his equity stake in Keysight Technologies.

Negatives

• Li disposed of 2,068 shares of common stock to satisfy tax liabilities on performance shares at $174.61 per share.
• Li disposed of 933 shares of common stock to satisfy tax liabilities on restricted shares at $169.67 per share.

Future Outlook

The restricted stock units 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 compensation events.

Industry Context

This Form 4 filing reflects standard executive compensation practices within the technology sector, where long-term performance programs and restricted stock units are common tools to align executive interests with shareholder value and retain key talent. The tax-related disposals are also a routine part of equity compensation plans.

Stakeholder Impact

• Shareholders: The awards align executive interests with shareholder value, potentially encouraging long-term performance. The tax-related disposals are a routine part of executive compensation and do not reflect a change in investment sentiment.
• Employees: The long-term performance program and RSU grants demonstrate the company's commitment to incentivizing and retaining key personnel.

Next Steps

• The restricted stock units granted on November 19, 2025, will vest in equal installments on each of the first four anniversaries of the grant date.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation awards and subsequent tax-related share disposals. While the awards increase the executive's stake and align interests, these transactions are standard and do not provide new fundamental information to warrant a change in investment recommendation. The company's underlying business performance and strategic outlook remain the primary drivers for investment decisions.

Keywords

Keysight Technologies, KEYS, Form 4, Insider Trading, Stock Award, Restricted Stock Units, RSU, Performance Shares, Executive Compensation, Jeffrey K. Li, SVP, Secretary, Equity Compensation, Tax Liability