Jo Ann Juskie, Senior Vice President at Keysight Technologies, has surrendered 1,375 shares of the company's stock to cover tax liabilities. This action was reported in a recent filing with the SEC and underscores the financial responsibilities that executives face.
Keysight Technologies, Inc., known for its role in the industrial instruments sector, filed the transaction on October 20, 2026. The surrender of shares occurred on October 16, 2026, and was made to satisfy tax obligations related to the release of restricted shares, as outlined in Rule 16b-3.
According to the filing, the shares were surrendered at a price of $331.21 per share. Following this transaction, Juskie retains ownership of 11,110.765 shares of Keysight stock. The filing emphasizes the importance of transparency in executive transactions, particularly in the technology sector.
This move may affect the perception of executive compensation and governance practices within Keysight and the broader tech industry. As companies navigate their corporate governance structures, such disclosures are vital for maintaining investor trust.
The filing does not specify any further actions or upcoming events related to this transaction.
The filing indicates that Jo Ann Juskie is currently serving as the Senior Vice President at Keysight Technologies, a position that involves significant responsibilities within the company. The surrender of shares was executed on October 16, 2026, and was necessary to cover tax liabilities arising from the release of restricted shares, which is a common practice in executive compensation strategies.
Furthermore, the filing notes that Juskie's remaining ownership of 11,110.765 shares reflects her ongoing investment in Keysight Technologies. The transaction was classified under the SEC's Rule 16b-3, which governs transactions by insiders to ensure compliance with regulations aimed at preventing insider trading.
Additionally, the filing was signed by Jeffrey K. Li, who acted as the attorney-in-fact for Jo Ann Juskie, which highlights the legal formalities involved in such transactions. The address listed for both Juskie and Keysight Technologies is 1400 Fountaingrove Parkway, Santa Rosa, CA 95403, indicating a centralized location for corporate governance and executive management.
Notably, the filing does not provide details on any future plans or additional stock transactions that may be anticipated, nor does it mention the overall stock performance of Keysight Technologies or any other executives' actions in relation to their stock holdings.