Form 4: FactSet CDO John Costigan Receives Equity Grants

FactSet Research Systems Inc.'s Chief Data Officer, John Costigan, reported the acquisition of 3,915 restricted stock units and 6,969 employee stock options.

Summary

• John Costigan, Chief Data Officer of FactSet Research Systems Inc. (FDS), acquired 3,915 shares of Common Stock through restricted stock units (RSUs) on November 3, 2025.
• These RSUs were granted at a price of $0 and will vest in thirds annually, becoming fully vested after three years.
• Following this transaction, Costigan beneficially owns 4,478.5215 shares of Common Stock directly.
• Costigan also acquired 6,969 employee stock options on November 3, 2025, with an exercise price of $264.57 per share.
• These options were granted at a price of $0 and will vest 25% annually, becoming fully vested after four years, and expire on November 3, 2035.
• Following this transaction, Costigan beneficially owns 6,969 employee stock options directly.

Sentiment

Score: 7

Explanation: The filing reports routine executive compensation in the form of equity grants, which is generally positive for aligning management incentives with shareholder interests, though it does not reflect direct company performance.

Positives

• The acquisition of 3,915 restricted stock units (RSUs) and 6,969 employee stock options aligns the Chief Data Officer's interests with those of shareholders.
• Equity grants are a standard component of executive compensation, incentivizing long-term performance and retention.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's financial performance or strategic outlook.

Industry Context

The granting of restricted stock units and employee stock options to key executives is a common practice across the financial information and technology industry to attract, retain, and motivate talent, aligning their long-term interests with company performance.

Stakeholder Impact

• Shareholders: The grants represent a form of executive compensation that aligns the Chief Data Officer's long-term interests with shareholder value creation, though they will result in minor share dilution upon vesting and exercise.

Next Steps

• The restricted stock units will vest in thirds annually on the anniversary of the grant date, with full vesting after three years.
• The employee stock options will vest 25% annually on the anniversary of the grant date, with full vesting after four years.

Key Dates

Keywords

FactSet, FDS, John Costigan, Chief Data Officer, Form 4, Insider Transaction, Equity Grant, Restricted Stock Units, Stock Options, Executive Compensation