Form 4: FactSet CFO Helen Shan Acquires Stock Options

FactSet's EVP and CFO, Helen L. Shan, acquired 14,933 employee stock options with an exercise price of $264.57, vesting annually over four years.

Summary

• Helen L. Shan, the Executive Vice President and Chief Financial Officer of FactSet Research Systems Inc. (FDS), was granted 14,933 employee stock options.
• The options have an exercise price of $264.57 per share.
• The transaction date for this option grant was November 3, 2025.
• These options will vest at a rate of 25% annually on the anniversary date of the grant, achieving full vesting after four years.
• The expiration date for these employee stock options is November 3, 2035.
• Following this reported transaction, Ms. Shan beneficially owns 14,933 derivative securities (employee stock options).

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as an executive acquiring options aligns their interests with shareholders, indicating confidence in future performance, though it's a routine compensation event.

Positives

• The grant of employee stock options to the Chief Financial Officer aligns management's interests with those of shareholders, incentivizing long-term company performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance, as it is a report of a past insider transaction.

Industry Context

The grant of employee stock options is a common practice in the financial services and technology industries as a form of executive compensation, designed to attract, retain, and incentivize key personnel by linking their financial success to the company's stock performance.

Comparison to Industry Standards

• The structure of the option grant, including the vesting schedule and exercise price, is consistent with typical executive compensation packages observed across the technology and financial data industry. Companies like S&P Global (SPGI) and MSCI (MSCI) also utilize similar equity-based incentives for their executives to align long-term interests.

Stakeholder Impact

• Shareholders: The option grant aligns the financial interests of a key executive with long-term shareholder value creation.
• Employees: This grant is part of executive compensation, which can set a precedent or standard for other employee incentive programs.

Next Steps

• The options will vest 25% annually on the anniversary date of the grant over the next four years.

Key Dates

Keywords

FactSet, FDS, Stock Options, Executive Compensation, Insider Transaction, Form 4, Derivative Securities