Form 4: Gartner Director William O. Grabe Reports Acquisition of Common Stock Equivalents

Director William O. Grabe reports acquiring 56 Common Stock Equivalents (CSEs) of Gartner Inc. as compensation for service as an outside director.

Summary

• On April 1, 2024, William O. Grabe, a director of Gartner Inc., acquired 56 Common Stock Equivalents (CSEs) as compensation.
• 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 provided in the LTIP.
• Following the transaction, Mr. Grabe directly owns 17,831 shares of Common Stock and 47,253 Common Stock Equivalents.
• After an immediate distribution of CSE shares, Mr. Grabe directly owns 47,197 Common Stock Equivalents.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and alignment of interests with shareholders.

Positives

• The acquisition of CSEs reflects Gartner's compensation strategy for outside directors.
• The Long-Term Incentive Plan (LTIP) aligns director compensation with the company's long-term performance.

Future Outlook

The CSEs will convert into Gartner common stock upon the termination of Mr. Grabe's directorship or as otherwise provided in the LTIP.

Industry Context

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

Comparison to Industry Standards

• Director compensation packages often include equity-based awards like CSEs to align director interests with shareholder value.
• Companies like Accenture, IBM, and Deloitte also utilize similar long-term incentive plans for their directors.
• The specific terms of Gartner's LTIP, such as conversion triggers and vesting schedules, are typical for the industry.

Stakeholder Impact

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

Key Dates