Form 4: FactSet CTO Katherine Stepp Executes Stock Option and Sells Shares

Katherine M. Stepp, Chief Technology Officer of FactSet Research Systems Inc., exercised stock options and sold shares on March 21, 2025.

Summary

• On March 21, 2025, Katherine M. Stepp, the Chief Technology Officer of FactSet Research Systems Inc., exercised stock options to acquire 1,480 shares of common stock at a price of $221.88 per share.
• Simultaneously, Stepp sold a total of 1,725.7493 shares of common stock in multiple transactions.
• The sales were executed at weighted average prices ranging from $424.25 to $426.49 per share.
• Following these transactions, Stepp directly owns 611.6724 shares of FactSet common stock and holds options for 493 shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any explicit positive or negative sentiment about the company's performance or future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among executives of publicly traded companies. These transactions can be influenced by personal financial planning and do not necessarily reflect a change in the executive's confidence in the company.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly listed companies like FactSet.
• Comparable companies such as Bloomberg L.P. (private), S&P Global (SPGI), and MSCI Inc. (MSCI) also have executives who regularly trade company stock.
• The reported transactions are within the normal range of executive compensation and stock management practices.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.

Key Dates

Keywords

Form 4, insider trading, stock options, FactSet Research Systems Inc., Katherine M. Stepp, FDS, CTO, stock sale