Form 4: Keysight SVP Li Sells Shares for Tax, Boosts ESPP Holdings

Keysight Technologies' SVP and Secretary, Jeffrey K. Li, disposed of common stock to cover tax liabilities while also acquiring shares through an Employee Stock Purchase Plan.

Summary

• Jeffrey K. Li, SVP and Secretary of Keysight Technologies, Inc. (KEYS), reported several transactions involving the company's common stock.
• On November 14, 2025, Li surrendered 956 shares of common stock at a price of $179.06 per share to satisfy tax liability related to the release of restricted shares.
• Also on November 14, 2025, Li surrendered an additional 688 shares of common stock at $179.06 per share for tax liability on restricted share release.
• On November 17, 2025, Li surrendered 519 shares of common stock at a price of $175.51 per share, again to satisfy tax liability on restricted share release.
• Following these transactions, Li's direct beneficial ownership stands at 31,623.146 shares of common stock.
• The reported beneficial ownership includes 59.611 shares acquired through an Employee Stock Purchase Plan (ESPP) under Section 423 of The Internal Revenue Code, which is exempt under Rule 16b-3.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While there were dispositions, they were for tax purposes, which is a neutral, expected event. The acquisition of shares via an ESPP adds a positive element, indicating continued insider investment.

Positives

• The reporting person acquired 59.611 shares through an Employee Stock Purchase Plan (ESPP), indicating continued investment in the company by an insider.

Negatives

• The reporting person disposed of a total of 2,163 shares of common stock across three transactions to cover tax liabilities, representing a reduction in direct holdings.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction report reflects routine stock activity by a senior executive and does not provide broader insights into industry trends or competitive landscape. It is a standard disclosure for executive compensation and tax planning.

Stakeholder Impact

• Shareholders: Provides transparency into insider stock ownership changes, which can be a factor in investment decisions, though these specific transactions are routine and unlikely to significantly impact sentiment.
• Employees: The ESPP acquisition highlights a benefit available to employees, reinforcing the company's compensation structure.

Key Dates

Keywords

Keysight Technologies, KEYS, Insider Trading, Form 4, Stock Transaction, Employee Stock Purchase Plan, Restricted Stock, Tax Liability, Beneficial Ownership