Form 4: Gartner Director Edward Bousa Reports Stock Acquisition

Edward Peter Bousa, a Director at Gartner Inc., has reported the acquisition of Common Stock Equivalents (CSEs) valued at $133.76 per share, totaling 196 units.

Summary

• Edward Peter Bousa, a Director of Gartner Inc., has filed a Form 4 reporting a transaction related to his beneficial ownership of the company's securities.
• The transaction involves the acquisition of 196 Common Stock Equivalents (CSEs) under the Gartner, Inc. Long-Term Incentive Plan (LTIP).
• These CSEs are compensation for Mr. Bousa's service as an outside director.
• The CSEs are convertible into Gartner common stock upon termination of his continuous status as a director or as otherwise stipulated by the LTIP.
• The reported transaction date is July 1, 2026, with a deemed execution date of the same day.
• Following the transaction, Mr. Bousa beneficially owns 313 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine director compensation and does not indicate new strategic initiatives or significant financial performance changes.

Positives

• Director compensation through equity awards indicates alignment of management interests with shareholders.
• The acquisition of CSEs suggests continued commitment and participation in the company's long-term incentive plan by a director.

Negatives

• The filing does not detail the specific value of the CSEs at the time of acquisition, only the conversion price basis.
• No new capital was raised by the company through this transaction; it represents director compensation.

Risks

• The value of the CSEs is subject to the future performance and stock price of Gartner Inc.
• Potential for dilution if a large number of CSEs are exercised and converted into common stock.

Future Outlook

The Common Stock Equivalents are convertible into Gartner common stock upon termination of the director's service or as otherwise provided in the LTIP, indicating a future potential increase in the reporting person's direct ownership of common stock.

Management Comments

• "These are Common Stock Equivalents ('CSEs') received as compensation for service as an outside director of Gartner, Inc. They were granted under the Gartner, Inc. Long-Term Incentive Plan ('LTIP')."
• "The CSEs convert into Gartner common stock on the date the outside director's continuous status as a director terminates, or as otherwise provided in the LTIP."

Industry Context

StockSavvy.ai notes that the use of Common Stock Equivalents as director compensation is a common practice in the technology and IT services industry, aiming to align director incentives with shareholder value creation.

Comparison to Industry Standards

• Many technology companies, including those in the IT services sector, utilize Long-Term Incentive Plans (LTIPs) that grant equity-based awards like stock options, restricted stock units (RSUs), or common stock equivalents to non-employee directors.
• The conversion mechanism tied to the termination of service is a standard feature designed to encourage long-term commitment.
• The reported conversion price basis of $133.76 is a significant value, reflecting the market price of Gartner's stock at the time of grant or a valuation metric within the LTIP.

Corporate Governance

Related Party Transactions

• The acquisition of CSEs by Director Edward Peter Bousa is a related party transaction, as it involves compensation from the company to a director.

Stakeholder Impact

• Shareholders: The alignment of director compensation with stock performance can be viewed positively, as it incentivizes directors to act in the best interest of shareholders.
• Employees: The LTIP structure, which includes director compensation, is part of the overall compensation philosophy of the company.

Next Steps

• The CSEs will convert into Gartner common stock upon the termination of Edward Peter Bousa's service as a director, or as otherwise specified in the LTIP.
• Further transactions by Mr. Bousa will be reported on subsequent Form 4 filings.

Key Dates

Keywords

Gartner Inc., IT, Form 4, SEC Filing, Director Compensation, Stock Options, Equity Awards, Beneficial Ownership, Long-Term Incentive Plan, Common Stock Equivalents