Form 4: Gartner Director Stephen Pagliuca Acquires Shares

Gartner Director Stephen G. Pagliuca reported the acquisition of 95 shares of common stock and the grant of 95 Common Stock Equivalents as part of his director compensation.

Summary

• Stephen G. Pagliuca, a Director of Gartner Inc. [IT], reported transactions on January 2, 2026.
• He acquired 95 shares of Gartner Common Stock at a price of $0.00. This acquisition resulted from the immediate distribution of Common Stock Equivalents (CSEs), bringing his direct beneficial ownership of common stock to 111,708 shares.
• He was granted 95 Common Stock Equivalents (CSEs) as compensation for service as an outside director under the Gartner, Inc. Long-Term Incentive Plan (LTIP). These CSEs had a reported price of $237.03.
• Concurrently, 95 Common Stock Equivalents were distributed (converted into common stock) at a price of $0.00, as he elected for an immediate distribution of these CSE shares.
• 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.
• Following these transactions, Pagliuca beneficially owns 1,763 Common Stock Equivalents and 111,708 shares of Common Stock directly.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing is a routine disclosure of director compensation and equity acquisition, which is generally seen as a positive alignment of interests, but does not indicate significant new strategic developments or financial performance.

Positives

• A director acquiring shares, even as compensation, can be seen as a positive signal of alignment with shareholder interests.
• The acquisition of Common Stock Equivalents (CSEs) is part of a long-term incentive plan, aligning director compensation with company performance and long-term value creation.

Future Outlook

The Common Stock Equivalents will convert into common stock upon the termination of the director's continuous status or as otherwise provided in the Long-Term Incentive Plan, indicating future share issuance.

Industry Context

This is a routine insider transaction filing, common across all industries for publicly traded companies. It reflects standard director compensation practices, often involving equity to align interests with shareholders.

Comparison to Industry Standards

• Director compensation often includes equity components like stock options, restricted stock units, or common stock equivalents, which is standard practice in the IT services and research industry.
• This practice is consistent with compensation structures observed in comparable companies such as Forrester Research or IDC, where equity grants are used to incentivize long-term commitment and performance.

Stakeholder Impact

• Shareholders: Slight positive signal due to the director's increased equity stake, aligning interests.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Next Steps

• The Common Stock Equivalents will convert to common stock upon the termination of the director's continuous status or as per the LTIP.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of shares and Common Stock Equivalents by a director as part of their compensation package. While it indicates alignment of interests, it does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals and market conditions.

Keywords

Gartner Inc., IT, Stephen G. Pagliuca, Form 4, Insider Transaction, Director Compensation, Common Stock Equivalents, LTIP, Equity Acquisition