Form 4: Keysight Technologies CFO Neil Dougherty Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Keysight Technologies' CFO, Neil Dougherty, sold a total of 4,644 shares of common stock between November 15th and November 18th, 2024, to cover tax liabilities related to the vesting of restricted shares.
Summary
- Neil Dougherty, the EVP and CFO of Keysight Technologies, sold a total of 4,644 shares of common stock between November 15th and November 18th, 2024.
- These sales were executed to cover tax obligations arising from the vesting of restricted stock units.
- The sales were conducted at prices of $149.37 per share on November 15th, 16th and 17th, and $151.42 on November 18th.
- After these transactions, Mr. Dougherty still beneficially owns 102,356.244 shares of Keysight Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to insider transactions and does not indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any change in the company's performance or outlook.
Comparison to Industry Standards
- Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
- The number of shares sold and the timing are not unusual for a CFO of a company of Keysight's size.
- Similar transactions are regularly reported by executives at companies like Texas Instruments, Analog Devices, and National Instruments.
Stakeholder Impact
- The stock sales by the CFO may have a minor impact on the stock price, but it is unlikely to be significant given the relatively small number of shares sold compared to the total outstanding shares.
- The transactions are routine and do not indicate any change in the company's financial health or outlook.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Neil Dougherty sold 1,145 shares of Keysight Technologies common stock at $149.37 per share. |
| 11/16/2024 | Neil Dougherty sold 1,065 shares of Keysight Technologies common stock at $149.37 per share. |
| 11/17/2024 | Neil Dougherty sold 1,066 shares of Keysight Technologies common stock at $149.37 per share. |
| 11/18/2024 | Neil Dougherty sold 1,368 shares of Keysight Technologies common stock at $151.42 per share. |
| 11/19/2024 | Date of the Form 4 filing. |
Keywords
Form 4, Insider Trading, Neil Dougherty, Keysight Technologies, Stock Sale, Tax Liability, Restricted Stock
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