Form 4: FactSet Director Laurie G Hylton Acquires Stock and Options
SEC Form 4 Filing
Director Laurie G Hylton acquired 409 shares of FactSet stock and 924 stock options on January 15, 2025.
Summary
- Laurie G Hylton, a director at FactSet Research Systems Inc, acquired 409 shares of common stock on January 15, 2025.
- These shares were acquired as restricted stock units, which will vest 100% on the first anniversary of the grant date.
- Hylton also acquired 924 non-employee director stock options on the same date, with an exercise price of $453.98.
- These options also vest 100% on the first anniversary of the grant date and expire on January 15, 2032.
- Both the stock and options were granted as part of her compensation as a non-employee director.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction of equity compensation for a director, which is generally viewed positively as it aligns interests. There are no negative implications.
Positives
- The acquisition of stock and options aligns the director's interests with those of the shareholders.
- The vesting schedule encourages 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 through equity-based awards.
Comparison to Industry Standards
- Granting stock options and restricted stock units to non-employee directors is a common practice among publicly traded companies.
- The vesting schedule of one year is also typical, encouraging long-term commitment.
- The specific number of shares and options granted would be comparable to other companies of similar size and industry.
Stakeholder Impact
- The stock and option grants align the director's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the director, which is beneficial for the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of stock and option grant to Laurie G Hylton. |
| 01/15/2026 | Vesting date for both the stock and options. |
| 01/15/2032 | Expiration date for the stock options. |
| 01/17/2025 | Date the Form 4 was signed. |
Keywords
FactSet, Director, Stock Options, Restricted Stock Units, Equity Compensation, Insider Trading, Form 4
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