Form 4: Keysight Technologies SVP Kailash Narayanan Sells 4,300 Shares
SEC Form 4
Keysight Technologies SVP Kailash Narayanan sold 4,300 shares of common stock on March 26, 2024, at a price of $152.88 per share.
Summary
- On March 26, 2024, Kailash Narayanan, a Senior Vice President at Keysight Technologies, Inc., sold 4,300 shares of the company's common stock.
- The sale was executed at a price of $152.88 per share.
- Following the transaction, Narayanan directly owns 29,156 shares of Keysight Technologies.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan established on December 27, 2023.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale under a pre-arranged trading plan. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to have pre-arranged trading plans (Rule 10b5-1) to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 12/27/2023 | Date the reporting person entered into the Rule 10b5-1 trading plan |
| 03/26/2024 | Date of the transaction (stock sale) |
| 03/28/2024 | Date of signature on the Form 4 filing |
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.