Form 4: Gartner Director William O. Grabe Acquires Shares Through Stock Equivalents
SEC Form 4 Filing
Director William O. Grabe acquired 56 common stock equivalents of Gartner Inc. as compensation for his service as an outside director.
Summary
- William O. Grabe, a director at Gartner Inc., acquired 56 common stock equivalents (CSEs) on January 2, 2025.
- These CSEs were received as compensation for his service as an outside director under the company's Long-Term Incentive Plan (LTIP).
- The CSEs convert into Gartner common stock when the director's service terminates or as otherwise specified in the LTIP.
- Mr. Grabe elected to receive an immediate distribution of the CSE shares.
- Following the transaction, Mr. Grabe directly owns 47,253 common stock equivalents and 210 common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns interests. There is no indication of any negative or unexpected events.
Positives
- The acquisition of stock equivalents aligns the director's interests with the company's performance.
- The compensation structure incentivizes long-term commitment from the director.
Industry Context
This is a routine filing related to director compensation and is typical for publicly traded companies.
Comparison to Industry Standards
- Director compensation through stock equivalents is a common practice among publicly listed companies, including technology firms like Gartner.
- Companies such as Oracle, SAP, and Salesforce also use similar long-term incentive plans to align director interests with shareholder value.
- The number of stock equivalents granted is within the typical range for director compensation packages in comparable companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the transaction where William O. Grabe acquired common stock equivalents. |
| 01/06/2025 | Date the Form 4 was signed. |
Keywords
Gartner, Director, Stock Equivalents, Compensation, LTIP, Form 4, Beneficial Ownership
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