Stephens Kevin A 4
Research Summary
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Keysight (KEYS) Director Kevin A. Stephens Receives 870-Share Award
What Happened
Kevin A. Stephens, a director of Keysight Technologies (KEYS), was granted 870 restricted stock units (RSUs) that vested immediately on March 20, 2026. The Form 4 reports the acquisition as 870 shares at $0.00 (transaction code A — award/grant).
Key Details
- Transaction date: 2026-03-20
- Transaction type: Award/Grant of RSUs (Form 4 code A) — 870 shares; reported price $0.00
- Footnote: RSUs granted under the 2014 Equity and Incentive Compensation Plan; the RSUs vested immediately.
- Shares owned after transaction: Not reported in the provided filing.
- Filing timeliness: The filing does not indicate a late report.
Context
RSUs are compensation that convert to common shares when they vest; immediate vesting means Stephens received the underlying shares on the grant date. The $0 acquisition value reflects an award reported on Form 4 (market value at vesting is determined by Keysight’s stock price at that time). This is a compensation-related award rather than an open-market buy or sale.