Agilent (NYSE: A) CEO surrenders 279 shares to cover RSU tax liability
Rhea-AI Filing Summary
AGILENT TECHNOLOGIES, INC. President and CEO Padraig McDonnell reported a tax-related stock transaction. On the vesting of restricted stock units, he surrendered 279 shares of common stock to Agilent at $121.38 per share to cover withholding taxes. Following this Rule 16b-3 tax-withholding disposition, he directly holds 66,260 shares of Agilent common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 279 shares
Net Sell
1 txn
Insider
MCDONNELL PADRAIG
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 279 | $121.38 | $34K |
Holdings After Transaction:
Common Stock — 66,260 shares (Direct)
Footnotes (1)
- F1. The reporting person surrendered 279 shares to Agilent Technologies, Inc. to satisfy the tax liability on the vesting of restricted stock units in accordance with Rule 16b-3.
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FAQ
What did Agilent (A) CEO Padraig McDonnell report in this Form 4?
Padraig McDonnell reported a tax-withholding disposition of Agilent shares. He surrendered 279 common shares to the company to satisfy taxes due on vesting restricted stock units, rather than selling shares in the open market.
Does this Agilent (A) Form 4 show an open-market sale by the CEO?
No, this Form 4 reports a tax-withholding disposition, not an open-market sale. The CEO surrendered shares to Agilent to satisfy tax liabilities on RSU vesting, which is an administrative transaction commonly used for tax withholding.
What triggered the tax-withholding disposition reported for Agilent (A) CEO Padraig McDonnell?
The disposition was triggered by the vesting of restricted stock units. When the RSUs vested, a tax liability arose, and the CEO surrendered 279 shares back to Agilent to satisfy that liability under Rule 16b-3.