Form 4: FactSet Director Shlomo Elisha Wiesel Acquires Stock and Options

Sentiment:

SEC Form 4 Filing


Director Shlomo Elisha Wiesel of FactSet Research Systems Inc. acquired 278 shares of common stock and 518 stock options on January 15, 2025.

Summary

  • Shlomo Elisha Wiesel, a director at FactSet Research Systems Inc., has reported a transaction involving the acquisition of company securities.
  • On January 15, 2025, Mr. Wiesel acquired 278 shares of common stock and 518 non-employee director stock options.
  • The stock options have an exercise price of $453.98 and will vest 100% on the first anniversary of the grant date.
  • The restricted stock units also vest 100% on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it shows director alignment with company performance. It is not a major event, but it is a positive indicator.

Positives

  • The acquisition of stock and options by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a standard SEC Form 4 filing, which is common for directors and officers of publicly traded companies when they acquire or dispose of company securities. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

  • The vesting schedule of 100% on the first anniversary is a common practice for stock options and restricted stock units granted to directors.
  • The use of stock options and restricted stock units as part of director compensation is a standard practice across publicly traded companies, including FactSet's competitors such as Bloomberg and Refinitiv.

Stakeholder Impact

  • The acquisition of shares and options by a director can be viewed positively by shareholders as it aligns the director's interests with those of the company.

Key Dates

DateDescription
01/15/2025Date of the stock and option acquisition.
01/15/2026Vesting date for both the stock options and restricted stock units.
01/15/2032Expiration date for the stock options.
01/17/2025Date the form was signed.

Keywords

FactSet, Director, Stock Options, Stock Acquisition, Form 4, Insider Trading, Equity Securities, Shlomo Elisha Wiesel

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