Form 4: Gartner Director Diana S. Ferguson Reports Acquisition of Common Stock Equivalents

Sentiment:

SEC Form 4


Director Diana S. Ferguson reports the acquisition of Common Stock Equivalents (CSEs) as compensation for service as an outside director of Gartner, Inc.

Summary

  • On October 1, 2024, Diana S. Ferguson, a director of Gartner Inc., acquired 52 Common Stock Equivalents (CSEs) as compensation for her service as an outside director.
  • These CSEs were granted under Gartner's Long-Term Incentive Plan (LTIP).
  • The CSEs convert into Gartner common stock when the director's service terminates, or as otherwise provided in the LTIP.
  • Ms. Ferguson also acquired 52 shares of common stock at $0 and disposed of 81 shares of common stock at $0.
  • She also acquired 133 shares of common stock at $501.23.
  • Following these transactions, Ms. Ferguson directly owns 2,053 shares of Gartner common stock.

Sentiment

Score: 7

Explanation: The document reflects a neutral sentiment as it reports routine transactions related to director compensation. It indicates standard corporate governance practices.

Positives

  • The acquisition of CSEs reflects Gartner's compensation plan for outside directors.
  • The director's continued service is incentivized through the LTIP.

Future Outlook

The CSEs will convert into Gartner common stock upon the director's termination of service or as specified in the LTIP.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies like Gartner.

Comparison to Industry Standards

  • Director compensation packages often include stock or stock equivalents to align director interests with shareholder value, a common practice among companies like Accenture, IBM, and McKinsey.
  • Long-term incentive plans (LTIPs) are standard tools used by companies such as Oracle, SAP, and Tata Consultancy Services to retain and incentivize key personnel, including outside directors.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

DateDescription
10/01/2024Date of transaction: Acquisition of Common Stock Equivalents and common stock.
10/03/2024Date of signature for the Form 4 filing.

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