Form 4: FactSet Director Sells Single Share, Corrects Prior Filing
Insider Transaction Report
FactSet Research Systems Inc. Director Barak Eilam reported the sale of one common stock share to correct an inadvertent omission from a previous Form 3 filing.
Summary
- Barak Eilam, a Director at FactSet Research Systems Inc. (FDS), reported a transaction involving the company's common stock.
- The transaction, dated October 3, 2025, was a sale of one share of common stock.
- The sale price per share was $283.21.
- Following this transaction, Barak Eilam directly beneficially owns 285 shares of FactSet common stock.
- The sale was made to correct an inadvertent omission of this share from a previously filed Form 3 by the reporting person.
Sentiment
Score: 5
Explanation: The filing is neutral. It reports a minor, corrective insider transaction that has no material impact on the company's financial health or strategic direction. The sale of a single share to correct an omission is a routine compliance matter.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Management Comments
- The sale of one share was to correct an inadvertent omission from the Reporting Person's Form 3.
Industry Context
This insider transaction is a routine compliance filing and does not reflect broader industry trends or competitive positioning for FactSet Research Systems Inc. It is a minor adjustment to an individual's reported holdings.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Attorney-in-Fact | NA | Helen Shan | 2025-09-07 | Appointed to execute and deliver Section 16 filings on behalf of Barak Eilam. |
| Attorney-in-Fact | NA | Christopher McLoughlin | 2025-09-07 | Appointed to execute and deliver Section 16 filings on behalf of Barak Eilam. |
| Attorney-in-Fact | NA | Winnifred Lewis | 2025-09-07 | Appointed to execute and deliver Section 16 filings on behalf of Barak Eilam. |
| Attorney-in-Fact | NA | Jill Chavarria | 2025-09-07 | Appointed to execute and deliver Section 16 filings on behalf of Barak Eilam. |
| Attorney-in-Fact | NA | Debra Quas | 2025-09-07 | Appointed to execute and deliver Section 16 filings on behalf of Barak Eilam. |
Stakeholder Impact
- Shareholders: Minimal to no impact due to the small number of shares involved and the corrective nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 2025-09-07 | Date Power of Attorney was executed by Barak Eilam, authorizing designated individuals to file Section 16 reports. |
| 2025-10-03 | Date of the reported transaction (sale of one common stock share). |
| 2025-10-07 | Date the Form 4 was signed by the attorney-in-fact for Barak Eilam. |
Recommendation
holdThis Form 4 reports a highly minor, corrective insider transaction involving a single share, explicitly stated to rectify a prior filing omission. It provides no material information to alter an investment thesis for FactSet Research Systems Inc. and therefore does not warrant a change in recommendation based solely on this filing. The stock's performance should be evaluated based on broader financial results and market conditions.
Keywords
FactSet Research Systems, FDS, Barak Eilam, Director, Insider Trading, Form 4, SEC Filing, Common Stock, Share Sale
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