Form 4: Keysight Technologies EVP and CFO Neil Dougherty Sells Shares to Cover Tax Obligations

Keysight Technologies' EVP and CFO, Neil Dougherty, sold 727 shares of common stock to cover tax liabilities related to restricted stock units.

Summary

• Neil Dougherty, the Executive Vice President and Chief Financial Officer of Keysight Technologies, Inc., sold 727 shares of common stock on December 10, 2024.
• The sale was executed to cover tax obligations arising from restricted stock units that became retirement-treatment eligible.
• The shares were sold at a price of $172.26 per share.
• Following the transaction, Mr. Dougherty directly owns 118,695.244 shares of Keysight Technologies common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, and is common among publicly traded companies.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice in publicly traded companies.
• Many companies use restricted stock units as part of their compensation packages, which often trigger tax liabilities upon vesting or retirement eligibility.
• Similar transactions are regularly reported by executives at companies like Texas Instruments, Analog Devices, and National Instruments.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Form 4, Neil Dougherty, Keysight Technologies, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Liability