Form 4: Keysight Technologies SVP Jason Kary Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Keysight Technologies SVP Jason Kary reports the acquisition of 4,326 shares and the disposal of 362 shares of common stock on November 20, 2024.

Summary

  • On November 20, 2024, Jason Kary, a Senior Vice President at Keysight Technologies, acquired 729 shares of common stock through the company's Long-Term Performance Program.
  • He also surrendered 362 shares to cover tax liabilities related to the release of these performance shares.
  • Additionally, Mr. Kary was granted 3,597 restricted stock units (RSUs) which will vest over four years.
  • Following these transactions, Mr. Kary's direct holdings amount to 15,936.39 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and does not indicate any significant positive or negative sentiment. The transactions are routine and expected.

Positives

  • The acquisition of shares through the Long-Term Performance Program indicates a positive incentive structure for executives.
  • The granting of RSUs aligns executive interests with long-term company performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into executive compensation and ownership.

Comparison to Industry Standards

  • Stock-based compensation, including performance shares and RSUs, is a standard practice among publicly traded technology companies like Keysight Technologies.
  • The vesting schedule of the RSUs over four years is also typical for executive compensation packages in the tech industry.
  • Companies such as Texas Instruments, Analog Devices, and National Instruments also use similar stock-based compensation plans for their executives.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
  • The vesting of RSUs aligns executive interests with long-term shareholder value.

Key Dates

DateDescription
11/20/2024Date of stock acquisitions, disposals, and RSU grant.
11/22/2024Date of filing the Form 4.

Keywords

Keysight Technologies, stock transactions, Form 4, insider trading, executive compensation, restricted stock units, long-term performance program, Jason Kary

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.