Form 4: Gartner Executive Yvonne Genovese Reports Stock Transactions
SEC Form 4 Filing
EVP of Global Product Management at Gartner, Yvonne Genovese, reports the acquisition of 314 shares and the disposal of 141 shares of common stock on November 15, 2024.
Summary
- Yvonne Genovese, EVP of Global Product Management at Gartner, filed a Form 4 detailing stock transactions.
- On November 15, 2024, Ms. Genovese acquired 314 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Also on November 15, 2024, 141 shares were disposed of to cover income and payroll withholding taxes.
- The price of the disposed shares was $522.86.
- Following these transactions, Ms. Genovese directly owns 2,132 shares of Gartner common stock.
Sentiment
Score: 7
Explanation: The document reflects routine executive stock transactions, which are neither positive nor negative for the company's overall performance. The sentiment is neutral to slightly positive as it indicates the executive is receiving compensation.
Industry Context
This is a routine filing related to executive compensation and is typical for publicly traded companies.
Comparison to Industry Standards
- The vesting of RSUs and subsequent tax-related share disposals are standard practices in executive compensation packages across the technology industry.
- Many companies, such as Microsoft, Oracle, and Salesforce, use similar RSU vesting schedules for their executives.
- The tax withholding process is also a common practice to ensure compliance with tax regulations.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are part of standard executive compensation practices.
- The transactions do not directly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/15/2021 | Commencement date for the vesting of the Restricted Stock Units in four substantially equal annual installments. |
| 11/15/2024 | Date of the reported stock transactions, including the vesting of RSUs and the disposal of shares for tax purposes. |
| 11/19/2024 | Date the Form 4 was signed. |
Keywords
Gartner, Stock Transaction, Form 4, RSU, Executive, Yvonne Genovese, Share Acquisition, Share Disposal
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