Form 4: Keysight Technologies Executive Surrenders Shares for Tax Obligations

A Keysight Technologies executive surrendered 95 shares to cover tax liabilities on restricted stock units.

Summary

• John Page, a Senior Vice President at Keysight Technologies, surrendered 95 shares of common stock on December 10, 2024.
• The shares were surrendered to satisfy tax obligations related to restricted stock units that became retirement-treatment eligible.
• The tax liability was calculated based on the fair market value of Keysight stock on December 4, 2024.
• The value of the surrendered shares was $172.26 per share, totaling $16,364.70.

Sentiment

Score: 7

Explanation: The document describes a routine financial transaction related to executive compensation, which is neither positive nor negative for the company's overall performance. It is a neutral event.

Industry Context

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

Comparison to Industry Standards

• Stock surrenders for tax obligations are a standard practice in executive compensation across the technology industry.
• Many companies, such as Texas Instruments, Analog Devices, and Broadcom, use restricted stock units as part of their compensation packages, which often result in similar tax-related share surrenders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard part of executive compensation.

Key Dates

Keywords

Keysight Technologies, stock surrender, tax liability, restricted stock units, executive compensation