Form 4: Keysight Technologies SVP Jason Kary Reports Stock Disposals for Tax Obligations

Keysight Technologies SVP Jason Kary disposed of company stock to cover tax liabilities related to the release of restricted shares.

Summary

• Jason Kary, a Senior Vice President at Keysight Technologies, reported multiple transactions involving the disposal of company stock.
• These disposals were made to satisfy tax obligations arising from the release of restricted shares.
• The transactions occurred between November 15, 2024, and November 18, 2024.
• A total of 496 shares were surrendered to Keysight at a price of $149.37 per share on November 15, 16 and 17, and $151.42 on November 18.
• The reporting person also acquired 52.846 shares through an Employee Stock Purchase Plan.
• The report also corrects a previous underreporting of 1091 shares.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and tax obligations, with no significant positive or negative implications.

Positives

• The reporting person acquired 52.846 shares through an Employee Stock Purchase Plan.

Negatives

• The reporting person disposed of 496 shares of common stock.

Risks

• While these transactions are routine for tax purposes, large volumes of insider selling can sometimes be perceived negatively by the market.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate officers who receive stock-based compensation. These transactions are a normal part of executive compensation and tax planning.

Comparison to Industry Standards

• Similar stock disposals for tax purposes are common among executives at publicly traded companies.
• Companies like Texas Instruments and Analog Devices also see similar filings from their executives.
• The volume of shares disposed of is relatively small compared to the total outstanding shares of Keysight Technologies.

Stakeholder Impact

• The stock disposals have a minimal impact on shareholders as they are routine transactions.
• The transactions do not affect the company's operations or financial health.

Key Dates

Keywords

Keysight Technologies, insider trading, stock disposal, Form 4, tax liability, restricted shares, employee stock purchase plan, beneficial ownership