Form 4: FactSet Director Maria Teresa Tejada Acquires Shares and Options

FactSet Research Systems director Maria Teresa Tejada acquired 362 shares of common stock and 673 stock options on January 15, 2025.

Summary

• Maria Teresa Tejada, a director at FactSet Research Systems, acquired 362 shares of common stock on January 15, 2025.
• These shares were acquired at a price of $0.
• Additionally, Ms. Tejada acquired 673 non-employee director stock options on the same date.
• The exercise price for these options is $453.98.
• The options vest 100% on the first anniversary of the grant date and expire on January 15, 2032.
• The restricted stock units also vest 100% on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction related to director compensation, which is generally viewed positively as it aligns director interests with company performance. There is no indication of any negative sentiment.

Positives

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

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• The granting of stock options and restricted stock units to non-employee directors is a standard practice in the technology and financial services industries.
• Companies like MSCI, S&P Global, and Moody's also use similar equity-based compensation plans for their directors.
• The vesting schedule of 100% on the first anniversary is also a common practice to incentivize long-term commitment.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's long-term success.

Key Dates

Keywords

FactSet, Director, Stock Options, Restricted Stock Units, Share Acquisition, Insider Trading, Equity Compensation