Form 4: Gartner CEO Eugene Hall Acquires Shares Under Employee Stock Purchase Plan
SEC Form 4 Filing
Gartner's CEO, Eugene Hall, acquired 14 shares of common stock through the company's Employee Stock Purchase Plan on May 31, 2024.
Summary
- On May 31, 2024, Eugene A. Hall, CEO of Gartner Inc., acquired 14 shares of common stock.
- The acquisition was made through Gartner's 2011 Employee Stock Purchase Plan, as amended and restated effective May 1, 2024.
- The price per share was $398.69.
- Following the transaction, Hall directly owns 1,155,471 shares of Gartner Inc.
- The transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(c).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, the small number of shares acquired doesn't suggest a strong bullish signal.
Positives
- The CEO's participation in the Employee Stock Purchase Plan could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect a major strategic shift for Gartner within the IT research and advisory industry.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| May 1, 2024 | Effective date of the amended and restated 2011 Employee Stock Purchase Plan. |
| May 31, 2024 | Date of the stock acquisition by Eugene A. Hall. |
| June 4, 2024 | Date of the Form 4 filing. |
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