Form 4: Keysight Technologies SVP and Secretary, Jeffrey K. Li, Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Keysight Technologies' SVP and Secretary, Jeffrey K. Li, disposed of company stock to cover tax liabilities related to the release of restricted shares.
Summary
- Jeffrey K. Li, a Senior Vice President and Secretary at Keysight Technologies, reported the disposal of company stock.
- The disposals were made to cover tax liabilities arising from the release of restricted shares.
- A total of 2,605 shares were disposed of between November 15th and November 18th, 2024.
- The shares were sold at prices of $149.37 and $151.42.
- Mr. Li also acquired 190.153 shares through an Employee Stock Purchase Plan.
Sentiment
Score: 6
Explanation: The document reflects routine transactions related to executive compensation and tax obligations. There is no indication of positive or negative sentiment, it is a neutral event.
Positives
- The reporting person acquired 190.153 shares through an Employee Stock Purchase Plan, indicating participation in company programs.
Risks
- While these transactions are routine for executives, large volumes of sales by insiders can sometimes be perceived negatively by the market.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate officers and directors who trade company stock. These transactions are a normal part of executive compensation and tax planning.
Comparison to Industry Standards
- Executive stock transactions are common across the technology industry, with companies like Agilent Technologies and National Instruments also seeing similar filings.
- The use of stock to cover tax liabilities is a standard practice in executive compensation packages.
- The volume of shares sold is relatively small compared to the total outstanding shares of Keysight Technologies.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on shareholders, as they are routine and related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | First reported disposal of 956 shares to cover tax liability. |
| 11/16/2024 | Disposal of 688 shares to cover tax liability. |
| 11/17/2024 | Disposal of 519 shares to cover tax liability. |
| 11/18/2024 | Disposal of 442 shares to cover tax liability. |
| 11/19/2024 | Date of the report filing. |
Keywords
Keysight Technologies, insider trading, stock disposal, SEC Form 4, Jeffrey K. Li, restricted shares, tax liability, employee stock purchase plan
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