Form 4: Keysight Technologies SVP, Sung Jin Yoon, Reports Stock Transactions
SEC Form 4 Filing
Keysight Technologies SVP, Sung Jin Yoon, reported the disposal of shares to cover tax liabilities related to restricted stock releases.
Summary
- Sung Jin Yoon, a Senior Vice President at Keysight Technologies, reported multiple transactions involving the company's common stock.
- These transactions involved the disposal of shares to cover tax liabilities arising from the release of restricted stock.
- Specifically, 65 shares were disposed of on November 15, 2024, 37 shares on November 16, 2024, and 38 shares on November 17, 2024, all at a price of $149.37 per share.
- The reporting person also owns 47.486 shares acquired through an Employee Stock Purchase Plan.
- The report also corrects an underreporting of 1163 shares on a previous Form 3 filing.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by an executive, which is neither positive nor negative for the company's outlook.
Positives
- The reporting person's holdings include shares acquired through an Employee Stock Purchase Plan, indicating participation in company programs.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency into the trading activities of key personnel.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The transactions reported are typical for executives who receive stock-based compensation and need to cover tax obligations upon vesting.
- The reporting of employee stock purchase plan shares is also a common occurrence in these filings.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are routine and related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | First reported transaction date; 65 shares disposed of to cover tax liability. |
| 11/16/2024 | Second reported transaction date; 37 shares disposed of to cover tax liability. |
| 11/17/2024 | Third reported transaction date; 38 shares disposed of to cover tax liability. |
| 11/19/2024 | Date of the Form 4 filing. |
Keywords
Form 4, Keysight Technologies, Stock Transactions, Beneficial Ownership, SEC Filing, Insider Trading, Restricted Stock, Tax Liability, Employee Stock Purchase Plan
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.