Form 4: FactSet Director Barak Eilam Acquires Shares and Options in Company

Director Barak Eilam of FactSet Research Systems Inc. acquired 285 shares of common stock and 538 stock options on January 15, 2025.

Summary

• Barak Eilam, a director at FactSet Research Systems Inc., has reported acquiring 285 shares of common stock.
• These shares were acquired on January 15, 2025.
• Eilam also acquired 538 non-employee director stock options on the same date.
• The stock options have an exercise price of $453.98.
• Both the shares and options vest 100% on the first anniversary of the grant date.
• The options expire on January 15, 2032.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of stock and option grants to a director, which is generally viewed positively as it aligns interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares and options by a director signals confidence in the company's future performance.
• The vesting schedule aligns the director's interests with the long-term success of the company.

Future Outlook

The vesting of the shares and options on the first anniversary of the grant date suggests a long-term commitment from the director.

Industry Context

This is a standard practice for compensating non-employee directors in publicly traded companies, aligning their interests with shareholders.

Comparison to Industry Standards

• Granting stock options and restricted stock units to non-employee directors is a common practice among publicly traded companies, including those in the financial data and analytics sector like Bloomberg and Refinitiv.
• The vesting schedule of 100% on the first anniversary is also a typical arrangement to incentivize long-term commitment.
• The exercise price of $453.98 for the options is specific to FactSet's stock price at the time of the grant.

Stakeholder Impact

• The acquisition of shares and options by a director can be viewed positively by shareholders, indicating confidence in the company's future.

Key Dates

Keywords

FactSet, Director, Stock Options, Share Acquisition, Barak Eilam, Equity, Form 4