Form 4: Keysight SVP Sells Shares for Tax Obligations

Keysight Technologies' Senior Vice President, Jason Andrew Kary, reported the sale of shares to cover tax liabilities related to restricted stock releases.

Summary

• Jason Andrew Kary, SVP of Keysight Technologies, Inc. (KEYS), reported multiple dispositions of common stock.
• On November 14, 2025, Kary surrendered 129 shares to Keysight at a price of $179.06 per share.
• Also on November 14, 2025, Kary surrendered an additional 105 shares to Keysight at a price of $179.06 per share.
• On November 17, 2025, Kary surrendered 101 shares to Keysight at a price of $175.51 per share.
• These transactions were conducted to satisfy tax liabilities arising from the release of restricted shares, in accordance with Rule 16b-3.
• Following these transactions, Kary beneficially owns 14,093.465 shares of Keysight common stock.
• The reported beneficial ownership includes 53.292 shares acquired through an Employee Stock Purchase Plan (ESPP) under Section 423, which is exempt under Rule 16b-3.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating they were pre-arranged.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions for tax withholding purposes, which are neutral in nature. The existence of a 10b5-1 plan and ESPP participation are slightly positive, but the overall impact is minimal.

Positives

• Transactions were made pursuant to a Rule 10b5-1(c) plan, indicating pre-planned sales and reducing concerns about opportunistic insider selling.
• The acquisition of 53.292 shares through an Employee Stock Purchase Plan (ESPP) demonstrates continued participation in employee ownership programs.

Negatives

• Insider selling, even for tax purposes, reduces the direct ownership stake of a senior executive.

Future Outlook

NA

Industry Context

This Form 4 filing details routine insider transactions for tax purposes and does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Minimal direct impact on shareholders as these are routine tax-related transactions by an executive.
• No direct impact on employees, customers, suppliers, or creditors from these specific transactions.

Key Dates

Keywords

Keysight Technologies, KEYS, Insider Trading, Form 4, Stock Sale, Tax Withholding, Restricted Stock, Employee Stock Purchase Plan, Jason Andrew Kary, SVP