Form 4: FactSet CRO Skoko Reports Future PSU Vesting & Tax Withholding

FactSet's EVP, Chief Revenue Officer, Goran Skoko, reported the future vesting of performance share units and subsequent tax-related share disposition.

Summary

• Goran Skoko, EVP, Chief Revenue Officer of FactSet Research Systems Inc. (FDS), reported transactions related to his beneficial ownership.
• On November 1, 2025, 612 shares of common stock were acquired upon the vesting of performance share units (PSUs) that were granted on November 1, 2022.
• Concurrently, 289 shares of common stock were disposed of at a price of $266.8 per share to cover tax obligations related to the PSU vesting.
• Following these transactions, Skoko's direct beneficial ownership of FactSet common stock is 4,776.551 shares.

Sentiment

Score: 7

Explanation: The filing reflects the routine vesting of executive performance share units, indicating the achievement of prior performance targets and a standard tax withholding process. This is a positive event for the executive's compensation but a neutral, expected event for the company's operational or financial performance.

Positives

• The vesting of performance share units indicates the achievement of performance targets set three years prior.
• The acquisition of 612 shares of common stock increases the executive's direct equity stake in the company (before tax withholding).

Negatives

• 289 shares were disposed of to cover taxes, reducing the net shares received from the vesting event.

Future Outlook

This filing reports future transactions, indicating that Performance Share Units granted in 2022 are expected to vest as planned on November 1, 2025.

Industry Context

Form 4 filings are standard for executive compensation and insider transactions. Performance Share Unit (PSU) vesting is a common component of executive incentive plans across many industries, including financial data and analytics, aligning executive interests with long-term company performance.

Comparison to Industry Standards

• Performance Share Units (PSUs) are a common long-term incentive vehicle for executives in the financial services and technology sectors, aligning executive interests with shareholder value creation over multi-year periods.
• The practice of withholding shares to cover tax obligations upon vesting is standard across industries for equity compensation.

Related Party Transactions

• The vesting of performance share units and subsequent share transactions are part of the executive compensation plan, which constitutes a standard related-party transaction between the company and its Chief Revenue Officer.

Stakeholder Impact

• Shareholders: Minor dilution from the issuance of shares (though offset by tax withholding), but generally a neutral event as it's part of expected executive compensation. Reinforces alignment of executive interests with long-term company performance.
• Employees: Demonstrates standard executive compensation practices.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event (PSU vesting and tax withholding) that was expected based on the grant date. It does not provide new material information about FactSet's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. It simply confirms an executive's equity activity as part of their compensation package.

Keywords

FactSet, FDS, Goran Skoko, Form 4, Insider Trading, Performance Share Units, PSU Vesting, Executive Compensation, Share Ownership