Form 4: Keysight Technologies SVP Gooi Soon Chai Reports Share Award and Correction

SVP Gooi Soon Chai reports the acquisition of 12,822 shares of Keysight Technologies common stock through a long-term performance program and corrects a previous underreporting of shares sold.

Summary

• On May 14, 2025, Gooi Soon Chai, SVP of Keysight Technologies, Inc., was awarded 12,822 shares of common stock through the company's Long-Term Performance Program.
• The reporting person now beneficially owns 241,985.855 shares of Keysight Technologies common stock.
• The report also corrects an underreporting of 1788 shares sold on December 3, 2024.
• Additionally, 164.962 shares were acquired through an Employee Stock Purchase Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine transactions and a correction. The stock award is a positive sign, but the correction introduces a minor concern.

Positives

• The acquisition of shares through the Long-Term Performance Program aligns the executive's interests with the company's long-term success.
• Participation in the Employee Stock Purchase Plan demonstrates confidence in the company's future.

Negatives

• The need to correct a previous underreporting of shares sold indicates a potential weakness in internal reporting controls.

Risks

• Inaccurate reporting, even when corrected, can erode investor confidence if it occurs frequently.

Industry Context

Executive compensation through stock awards is a common practice in the technology industry to incentivize performance and align management interests with shareholder value.

Comparison to Industry Standards

• Stock awards are a typical component of executive compensation packages in the tech industry, similar to companies like Texas Instruments and Analog Devices.
• Employee Stock Purchase Plans are also common, offering employees a discounted opportunity to invest in their company's stock, aligning their interests with the company's success, similar to programs at Intel and Qualcomm.

Stakeholder Impact

• The stock award may have a slightly positive impact on shareholder sentiment as it aligns executive interests with company performance.
• The Employee Stock Purchase Plan provides employees with an opportunity to invest in the company's success.

Key Dates

Keywords

Keysight Technologies, Gooi Soon Chai, SVP, Form 4, Beneficial Ownership, Long-Term Performance Program, Employee Stock Purchase Plan, Share Award, Correction