Agilent Form 4: CEO Sells 2,000 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
Padraig McDonnell, who is listed as President and CEO and a Director of Agilent Technologies (A), reported a sale of 2,000 shares of Agilent common stock on 09/02/2025 at a reported price of $124.88 per share. After the transaction McDonnell beneficially owned 33,448 shares. The filing notes the sale was executed pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 28, 2025. The Form 4 was signed by an attorney-in-fact on behalf of Mr. McDonnell and filed on 09/04/2025.
Positive
- Transaction executed under a Rule 10b5-1 plan, which provides an affirmative defense and suggests the sale was pre-planned
- Clear disclosure of quantity, price, and post-transaction holdings (2,000 shares sold at $124.88; 33,448 shares held thereafter)
Negative
- Filing does not disclose percentage ownership relative to outstanding shares, limiting assessment of materiality
- No information on reason for sale beyond the 10b5-1 plan, so economic motivations are not specified in the document
Insights
TL;DR Insider sale of 2,000 shares under a 10b5-1 plan, reducing holdings to 33,448 shares; transaction appears routine.
The sale of 2,000 shares at $124.88 executed under a pre-established Rule 10b5-1 plan indicates a programmed disposition rather than an ad hoc trade. The filing provides clear quantities and price but does not disclose Mr. McDonnell's total economic exposure or percentage of outstanding shares, limiting assessment of materiality. For investors, the key facts are the number of shares sold, the sale price, and the 10b5-1 plan adoption date.
TL;DR Director/CEO sale executed under an established 10b5-1 plan; disclosure is standard and complies with Section 16 filing requirements.
The Form 4 identifies the reporting person as both an officer and director and documents a single disposition reported under code S(1) with an explicit 10b5-1 plan adoption date of March 28, 2025. The signature by an attorney-in-fact and the statement of the plan satisfy customary procedural elements. The disclosure lacks any amendments or additional derivative activity, consistent with a routine executive share sale.