NYE JEAN MCCLUNG 4
Research Summary
AI-generated summary
Keysight (KEYS) Director Nye Jean McClung Receives RSU Award
What Happened
- Nye Jean McClung, a director of Keysight Technologies (KEYS), received an award of 870 restricted stock units (RSUs) on March 20, 2026. The Form 4 reports the acquisition price as $0.00 and notes the RSUs vested immediately, meaning they converted to common stock upon grant. This was an award/grant (not a purchase or sale).
Key Details
- Transaction date: 2026-03-20; Report filed: 2026-03-24 (filed within the 2-business-day window).
- Transaction type/code: A — Grant/award or other acquisition.
- Shares/units acquired: 870 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — RSUs granted under the 2014 Equity and Incentive Compensation Plan; the RSUs vested immediately.
- No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale of the shares in this filing.
Context
- RSU grants are typically compensation or director awards; an immediately vesting RSU means the recipient received the underlying shares at grant. Such awards are routine and do not necessarily signal a buy/sell intent in the market. Because this was an award (not a purchase), it’s less informative about the insider’s personal market view than an outright purchase would be.