Form 4: Keysight Technologies SVP Ingrid Estrada Reports Stock Transaction
SEC Form 4 Filing
Ingrid Estrada, a Senior Vice President at Keysight Technologies, surrendered 196 shares of common stock to cover tax obligations related to restricted stock units.
Summary
- Ingrid Estrada, a Senior Vice President at Keysight Technologies, reported a transaction involving the company's stock.
- On December 10, 2024, Ms. Estrada surrendered 196 shares of Keysight common stock.
- The shares were surrendered to satisfy tax liabilities associated with restricted stock units that became eligible for retirement treatment.
- The price per share used for the transaction was $172.26, based on the fair market value of the stock on December 4, 2024.
- Following the transaction, Ms. Estrada directly owns 112,126.19 shares of Keysight common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive's stock transaction, which is neither positive nor negative for the company's overall outlook.
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 significant change in the company's operations or outlook.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, such as Keysight Technologies, and are required by the SEC to ensure transparency in insider trading.
- Similar filings are made by executives at companies like Texas Instruments (TXN), Analog Devices (ADI), and National Instruments (NATI) when they engage in stock transactions.
- The transaction described is a common method for executives to cover tax obligations related to stock-based compensation, which is a standard practice across the technology industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine stock surrender for tax purposes.
- There is no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Fair market value date used to calculate the tax liability for the stock transaction. |
| 12/10/2024 | Date of the stock transaction where 196 shares were surrendered. |
| 12/12/2024 | Date the Form 4 was signed. |
Keywords
Keysight Technologies, stock transaction, Form 4, insider trading, restricted stock units, tax liability, Ingrid Estrada
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