Form 4: Gartner Inc. Director James C. Smith Reports Sale of 10,000 Shares

Director James C. Smith reported selling 10,000 shares of Gartner Inc. common stock at a weighted average price of $439.29 on June 6, 2024, and was granted 555 Restricted Stock Units (RSUs) that vest on June 6, 2025.

Summary

• On June 6, 2024, James C. Smith, a director of Gartner Inc., sold 10,000 shares of common stock.
• The sale was executed in multiple trades with prices ranging from $439.28 to $439.63, resulting in a weighted average sale price of $439.29.
• Following the transaction, Smith beneficially owns 599,074 shares of Gartner Inc. common stock.
• On the same date, Smith was also granted 555 Restricted Stock Units (RSUs) which will vest on June 6, 2025, contingent upon continued service as a director.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting a transaction. The sale of shares could be seen as slightly negative, but the RSU grant balances this out.

Positives

• The granting of 555 Restricted Stock Units (RSUs) to James C. Smith indicates continued alignment of interests between the director and the company's long-term performance.

Negatives

• The sale of 10,000 shares by a director could be interpreted negatively by some investors, although the document provides no specific reason for the sale.

Risks

• There are no specific risks mentioned in this document.
• However, insider sales can sometimes be perceived as a negative signal by the market.

Future Outlook

The document does not contain any specific forward-looking statements regarding Gartner Inc.'s future performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like directors, trade in their company's stock. It provides transparency to the market about insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The sale of shares by a director is not uncommon and can be for various personal financial reasons.
• The RSU grant is a typical form of executive compensation, aligning the director's interests with the company's long-term success, similar to practices at companies like Accenture or IBM.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment.
• The RSU grant has no immediate impact but aligns the director's interests with long-term shareholder value.

Key Dates