Form 4: Keysight Technologies SVP Sells Shares Under 10b5-1 Trading Plan

Keysight Technologies SVP, Kailash Narayanan, sold 595 shares of common stock at $171.3 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Kailash Narayanan, a Senior Vice President at Keysight Technologies, sold 595 shares of the company's common stock.
• The sale occurred on November 27, 2024, at a price of $171.3 per share.
• This transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on December 27, 2023.
• Following the transaction, Narayanan directly owns 35,912 shares of Keysight Technologies stock.

Sentiment

Score: 5

Explanation: The document reflects a routine insider transaction under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Risks

• Sales by company insiders can sometimes be perceived negatively by the market, although this sale was pre-planned.

Industry Context

Insider transactions are a normal part of corporate activity, and pre-planned sales under 10b5-1 plans are common to avoid accusations of trading on inside information.

Comparison to Industry Standards

• The use of 10b5-1 trading plans is a standard practice among corporate executives at companies like Keysight Technologies, similar to practices at companies such as Texas Instruments and Analog Devices.
• These plans allow insiders to sell shares without the appearance of trading on non-public information, aligning with SEC regulations and industry best practices.

Stakeholder Impact

• The sale has a minimal impact on shareholders as it is a small transaction by an individual executive under a pre-planned trading plan.

Key Dates

Keywords

insider trading, Form 4, stock sale, 10b5-1 plan, Keysight Technologies, Kailash Narayanan