Agilent (NYSE: A) SVP surrenders shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGILENT TECHNOLOGIES, INC. Senior Vice President Meghan Henson had 153 shares of common stock surrendered to the company to cover tax withholding on the vesting of restricted stock units, based on a value of $113.98 per share. This was an administrative tax-withholding disposition, not an open-market trade. Following the transaction, she directly holds 6,890 shares of Agilent common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henson Meghan
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 153 | $113.98 | $17K |
Holdings After Transaction:
Common Stock — 6,890 shares (Direct)
Footnotes (1)
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Key Figures
Shares surrendered for taxes: 153 shares
Implied share value: $113.98 per share
Shares held after transaction: 6,890 shares
3 metrics
Shares surrendered for taxes
153 shares
Tax-withholding disposition on RSU vesting
Implied share value
$113.98 per share
Value used for tax-withholding surrender
Shares held after transaction
6,890 shares
Direct Agilent common stock holdings post-transaction
Key Terms
restricted stock units, Rule 16b-3, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"tax liability on the vesting of restricted stock units in accordance"
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.
Rule 16b-3 regulatory
"to satisfy the tax liability on the vesting of restricted stock units in accordance with Rule 16b-3"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Agilent (A) executive Meghan Henson report in this Form 4?
Meghan Henson reported 153 Agilent shares surrendered back to the company to satisfy tax withholding on vested restricted stock units. This was a non-market, administrative transaction under Rule 16b-3, and she retained 6,890 shares of Agilent common stock afterward.
Was Meghan Henson’s Agilent (A) Form 4 a stock sale on the open market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Agilent received 153 shares from Henson to cover tax liabilities on vesting restricted stock units, which is a routine administrative process rather than a discretionary trade in the market.
What is the significance of Rule 16b-3 in Meghan Henson’s Agilent (A) Form 4?
Rule 16b-3 allows certain insider transactions, like tax-withholding share surrenders on equity awards, to be exempt from short-swing profit rules. Henson’s 153-share surrender to Agilent for RSU tax liabilities was completed in accordance with Rule 16b-3 as an administrative step.