Form 4: Gartner Director Reclassifies Share Ownership

Gartner Director Raul E. Cesan transferred 8,000 shares of common stock to family trusts, reclassifying beneficial ownership without changing total holdings.

Summary

• Raul E. Cesan, a Director of Gartner Inc. (IT), reported a change in beneficial ownership of common stock.
• On August 19, 2025, Cesan transferred a total of 8,000 shares of Gartner common stock to two separate family trusts.
• Each transfer involved 4,000 shares at a price of $243.90 per share.
• The transfers were made pursuant to a power of substitution, exchanging shares for assets of equal value.
• This transaction is considered a change in the form of beneficial ownership, exempted by Rule 16a-13, and did not alter Cesan's total beneficial ownership of Gartner shares.
• Following the transfers, Cesan directly holds 30,078 shares, while Family Trust #1 holds 18,400 shares and Family Trust #2 holds 28,900 shares indirectly.

Sentiment

Score: 5

Explanation: The transaction is a re-titling of shares for estate planning purposes, not a market sale or purchase, thus having a neutral impact on company sentiment.

Positives

• The transfers did not change the total number of shares of Gartner common stock for which Director Raul E. Cesan may be deemed to have beneficial ownership, indicating continued long-term interest.

Negatives

• No direct negative implications as the transaction represents a reclassification of ownership rather than a market sale.

Risks

• Misinterpretation of the transaction as a market sale, potentially leading to incorrect assumptions about insider sentiment.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it pertains solely to an insider's beneficial ownership change.

Management Comments

• The Reporting Person believes that the transfer of shares to these trusts constitutes a change in the form of beneficial ownership of such shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
• These transfers did not change the total number of shares of Issuer common stock for which the Reporting Person may be deemed to have beneficial ownership.

Industry Context

This type of insider transaction, involving the transfer of shares to family trusts, is a common practice for estate planning among high-net-worth individuals and corporate executives. It does not reflect a change in the company's operational performance or market strategy, nor does it indicate a shift in broader industry trends for IT research and advisory services.

Comparison to Industry Standards

• Not applicable, as this filing details an individual insider transaction for estate planning purposes rather than company-wide financial or operational results.

Related Party Transactions

• Transfer of 8,000 common shares by Director Raul E. Cesan to two family trusts (Family Trust #1 and Family Trust #2) at a price of $243.90 per share, in exchange for assets of equal value. This is a reclassification of beneficial ownership.

Stakeholder Impact

• Shareholders: No direct impact on share price or company valuation as the transaction is a re-titling and not a market sale.
• Employees, Customers, Suppliers, Creditors: No discernible impact as the transaction is an internal beneficial ownership change by a director.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Recommendation

The filing is a routine Form 4 detailing an insider's re-titling of shares into family trusts for estate planning. It does not indicate any change in the company's operational performance, financial health, or the director's overall commitment to the company, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

Gartner, IT, Form 4, insider transaction, beneficial ownership, Raul Cesan, director, stock transfer, trust