Form 4: Keysight Technologies SVP Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Keysight Technologies SVP, Soon Chai Gooi, sold 8,703 shares of common stock at $169.66 per share on December 2, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- Soon Chai Gooi, a Senior Vice President at Keysight Technologies, Inc., sold 8,703 shares of the company's common stock on December 2, 2024.
- The sale was executed at a price of $169.66 per share.
- This transaction was conducted under a Rule 10b5-1 trading plan that was adopted on May 30, 2024.
- Following the transaction, Mr. Gooi directly owns 248,998.893 shares of Keysight Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 trading plans to avoid accusations of trading on inside information.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
- The use of 10b5-1 trading plans is a common method for executives to sell shares without raising concerns about insider trading.
- The volume of shares sold is relatively small compared to the total outstanding shares of Keysight Technologies.
Stakeholder Impact
- The sale of shares by an executive may have a minor impact on investor sentiment, but is unlikely to have a significant impact on the share price due to the pre-arranged nature of the sale.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date the 10b5-1 trading plan was adopted by the reporting person. |
| 12/02/2024 | Date of the stock sale transaction. |
| 12/04/2024 | Date the Form 4 was signed. |
Keywords
insider trading, Form 4, stock sale, 10b5-1 plan, Keysight Technologies, equity securities, beneficial ownership
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