Form 4: FactSet Director James McGonigle Executes Stock Options and Sells Shares
SEC Form 4
Director James McGonigle of FactSet Research Systems Inc. exercised stock options and sold shares on September 26, 2024.
Summary
- On September 26, 2024, James J. McGonigle, a director of FactSet Research Systems Inc., engaged in multiple transactions involving the company's common stock.
- McGonigle exercised stock options to acquire 2,838 shares at $197.75 and 2,572 shares at $207.88.
- He then sold 1,990 shares at an average price of $455.41, 1,437 shares at an average price of $456.86, 1,449 shares at an average price of $458.16, and 534 shares at an average price of $458.46.
- McGonigle also gifted 1,100 shares of common stock to a charitable donor advised fund.
- Following these transactions, McGonigle directly owns 4,183 shares of FactSet common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. There is no indication of positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 01/12/2018 | Date options were granted that vested 100% on the third anniversary of the grant date. |
| 01/15/2019 | Date options were granted that vested 100% on the third anniversary of the grant date. |
| 01/12/2025 | Expiration date of options exercised on 09/26/2024 with an exercise price of $197.75. |
| 01/15/2026 | Expiration date of options exercised on 09/26/2024 with an exercise price of $207.88. |
| 09/26/2024 | Date of the transactions: exercising stock options, selling shares, and gifting shares. |
| 09/27/2024 | Date of the Form 4 filing. |
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