Form 4: FactSet Executive Catrina Harding Reports Stock Transaction

Catrina Harding, Chief People Officer at FactSet Research Systems, reports the disposal of 307 shares to cover tax obligations upon vesting of restricted stock.

Summary

• On August 1, 2024, Catrina Harding, Chief People Officer of FactSet Research Systems Inc. (FDS), disposed of 307 shares of common stock to cover tax obligations.
• The transaction was executed at a price of $408.71 per share.
• Following the transaction, Harding directly owns 1,213 shares of FactSet common stock.
• The shares were withheld to cover the cost of taxes upon the vesting of restricted stock granted on August 1, 2023.
• The restricted stock vests 50% annually on the anniversary date of the grant and is fully vested after two years.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.

Key Dates