Form 4: FactSet CRO Skoko Earns Performance Shares

FactSet Research Systems Inc.'s EVP, Chief Revenue Officer, Goran Skoko, earned 612 Performance Share Units (PSUs) following the achievement of performance goals.

Summary

• Goran Skoko, EVP, Chief Revenue Officer of FactSet Research Systems Inc. (FDS), earned 612 Performance Share Units (PSUs).
• These PSUs were earned upon the achievement of specific performance goals, as certified by the Compensation and Talent Committee on September 15, 2025.
• Each PSU corresponds to one share of FactSet Common Stock.
• The PSUs are scheduled to vest on November 1, 2025, contingent on Mr. Skoko's continuous employment with FactSet until that date.
• Following this transaction, Mr. Skoko beneficially owns 612 derivative securities (PSUs).

Sentiment

Score: 7

Explanation: The earning of performance-based equity by a key executive is generally positive, indicating achievement of company goals and aligning executive incentives. It's a routine compensation event, not a major market mover, hence a moderately positive score.

Positives

• Goran Skoko, a key executive, earned 612 Performance Share Units, indicating achievement of company performance goals.
• The earning of PSUs aligns executive incentives with company performance and long-term shareholder value.

Risks

• The vesting of the 612 Performance Share Units is contingent upon Goran Skoko's continuous employment with FactSet Research Systems Inc. until November 1, 2025.

Future Outlook

The 612 Performance Share Units are scheduled to vest on November 1, 2025, provided the reporting person remains continuously employed by the issuer on that date.

Management Comments

• PSUs correspond 1-for-1 with Common Stock.
• Represents Performance Share Units ('PSUs') earned by Reporting Person upon achievement of performance goals, as certified by the Compensation and Talent Committee on September 15, 2025.

Industry Context

This filing reflects a standard practice in the financial data and analytics industry where executive compensation packages often include performance-based equity awards to align management incentives with long-term company performance and shareholder value creation. Such awards are common across publicly traded technology and information services companies.

Comparison to Industry Standards

• The use of Performance Share Units (PSUs) as a component of executive compensation is a common practice among publicly traded companies, particularly in the technology and financial services sectors, including peers like S&P Global (SPGI) and MSCI (MSCI).
• The structure, where vesting is contingent on both performance achievement and continued employment, aligns with typical industry benchmarks for retaining key talent and incentivizing sustained performance.
• The certification of performance goals by a Compensation Committee is standard corporate governance for such equity awards, ensuring oversight and adherence to established metrics.

Corporate Governance

Stakeholder Impact

• **Shareholders:** The earning of performance-based equity by a key executive suggests that company performance goals have been met, which is generally positive for shareholder value. It also aligns executive interests with long-term shareholder returns.
• **Employees:** This demonstrates the company's commitment to performance-based incentives, potentially motivating other employees.
• **Management:** Goran Skoko's compensation is enhanced, incentivizing continued high performance and retention.

Next Steps

• Goran Skoko's 612 Performance Share Units are scheduled to vest on November 1, 2025, provided continuous employment.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event where Performance Share Units were earned based on achieved performance goals. While positive as it indicates goal attainment and aligns executive incentives, it is a standard, non-material event that does not fundamentally alter the investment thesis for FactSet Research Systems Inc. Therefore, a 'hold' recommendation is appropriate, as this filing alone does not provide new information warranting a change in investment position.

Keywords

FactSet, FDS, Goran Skoko, Performance Share Units, PSUs, Executive Compensation, Insider Transaction, SEC Form 4, Equity Award, Chief Revenue Officer