Agilent (NYSE: A) VP reports 8,872 share holding and RSU grant
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
AGILENT TECHNOLOGIES, INC. executive Timothy Charles Downs, the VP and Chief Accounting Officer, has filed an initial ownership report showing direct holdings of 8,872 shares of common stock. A footnote also describes restricted stock units granted under the Agilent Technologies, Inc. 2018 Stock Plan, which vest in four equal annual installments beginning on May 19, 2027, in compliance with Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Downs Timothy Charles
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,872 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Direct common shares: 8,872 shares
RSU vesting schedule: Four equal annual installments
Form 3 holding entries: 1 entry
3 metrics
Direct common shares
8,872 shares
Directly owned after reported holdings entry
RSU vesting schedule
Four equal annual installments
Restricted stock units vesting beginning May 19, 2027
Form 3 holding entries
1 entry
Single common stock holding line reported
Key Terms
Restricted Stock Units, 2018 Stock Plan, Rule 16b-3
3 terms
Restricted Stock Units financial
"Restricted Stock Units granted under the Agilent Technologies, Inc. 2018 Stock Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2018 Stock Plan financial
"Restricted Stock Units granted under the Agilent Technologies, Inc. 2018 Stock Plan"
Rule 16b-3 regulatory
"in compliance with Rule 16b-3. The restricted stock units vest in four equal annual installments"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider position did Timothy Charles Downs report at Agilent (A)?
Timothy Charles Downs, Agilent’s VP and Chief Accounting Officer, reported direct ownership of 8,872 shares of common stock. This Form 3 is an initial ownership statement, establishing his starting equity position as a company officer for public disclosure purposes.
Does the Agilent (A) Form 3 show any insider buying or selling?
The Form 3 does not show insider buying or selling activity. It reports Downs’ existing direct ownership of 8,872 common shares, serving as a baseline disclosure rather than documenting a new purchase, sale, or option exercise transaction in Agilent stock.
What restricted stock units does Timothy Charles Downs hold at Agilent (A)?
A footnote states that Downs holds Restricted Stock Units granted under the Agilent Technologies, Inc. 2018 Stock Plan. These RSUs are structured as equity compensation, separate from his 8,872 directly owned common shares reported in the main Form 3 holdings table.
When do Timothy Charles Downs’ Agilent (A) RSUs vest?
The restricted stock units vest in four equal annual installments beginning on May 19, 2027. This means portions of the grant will become payable each year after that date, assuming continued service and satisfaction of any applicable plan conditions.
Under what rules were the Agilent (A) RSUs to Timothy Downs granted?
The RSUs were granted under the Agilent Technologies, Inc. 2018 Stock Plan in compliance with Rule 16b-3. That rule provides an exemption from certain short-swing profit rules when equity awards are approved by qualifying board or committee structures.