Form 4: Gartner Executive William Wartinbee III Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President William Wartinbee III of Gartner Inc. reports the acquisition of 157 shares and the disposal of 73 shares of common stock on November 15, 2024.
Summary
- William Wartinbee III, an Executive Vice President at Gartner Inc., reported transactions involving the company's common stock on November 15, 2024.
- He acquired 157 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Additionally, 73 shares were disposed of to cover income and payroll withholding taxes at a price of $522.86 per share.
- Following these transactions, Mr. Wartinbee directly owns 7,500 shares of Gartner Inc. common stock.
Sentiment
Score: 7
Explanation: The document reflects routine transactions and does not indicate any positive or negative sentiment. It is a standard regulatory filing.
Positives
- The acquisition of 157 shares through RSU vesting indicates a continued alignment of executive interests with shareholder value.
- The vesting of RSUs is part of a pre-determined compensation plan, which is a standard practice for executive compensation.
Negatives
- The disposal of 73 shares to cover taxes, while a standard practice, does slightly reduce the executive's direct holdings.
Risks
- There are no specific risks highlighted in this document, as it primarily reports routine stock transactions by an executive.
Industry Context
This is a standard SEC Form 4 filing, which is common for publicly traded companies. It reflects routine stock transactions by an executive and does not indicate any unusual activity.
Comparison to Industry Standards
- The vesting of RSUs and subsequent tax-related share disposals are common practices in executive compensation across the technology and consulting industries.
- Many companies, such as Accenture and IBM, use similar equity-based compensation plans for their executives.
- The reported transactions are consistent with standard practices for executives at publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders, as they reflect routine executive compensation and tax obligations.
- The transactions do not have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/15/2021 | Commencement date for the vesting of the Restricted Stock Units in four annual installments. |
| 11/15/2024 | Date of the reported stock transactions, including RSU vesting and tax-related share disposal. |
| 11/19/2024 | Date the Form 4 was signed. |
Keywords
Gartner, Stock Transactions, Executive Compensation, Restricted Stock Units, RSU, Form 4, Insider Trading, William Wartinbee III
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