Form 4: FactSet Executive Robert J. Robie Executes Stock Option Exercise and Sale

FactSet executive Robert J. Robie exercised stock options and sold shares on November 12, 2024, according to a recent SEC filing.

Summary

• Robert J. Robie, an EVP at FactSet Research Systems Inc., engaged in multiple transactions involving the company's stock on November 12, 2024.
• He exercised stock options to acquire 2,655 shares at $255.87, 754 shares at $436.57, and 600 shares at $426.25.
• Following the option exercises, Robie sold 4,009 shares at a weighted average price of $484.96.
• The sales were executed in multiple trades with prices ranging from $484.73 to $485.27.
• After these transactions, Robie directly owns 2,050 shares of FactSet common stock.

Sentiment

Score: 5

Explanation: The document reflects routine executive transactions, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common in the financial services industry.

Comparison to Industry Standards

• Executive stock option exercises and sales are a common practice across publicly traded companies, particularly in the technology and financial sectors.
• The vesting schedule of 20% annually over five years is a typical vesting structure for employee stock options.
• The reported transaction is similar to those of executives at comparable companies such as MSCI and S&P Global.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.
• The transactions are part of the executive's compensation package and do not indicate any change in the company's performance or outlook.

Key Dates

Keywords

FactSet, Stock Options, SEC Form 4, Executive Transactions, Robert J. Robie, Share Sale, Insider Trading