Form 4: Gartner Inc. Director Peter Bisson Reports Acquisition of Common Stock Equivalents

Director Peter Bisson reports acquisition of 50 Common Stock Equivalents (CSEs) of Gartner Inc. as compensation for service as an outside director.

Summary

• Peter Bisson, a director of Gartner Inc., filed a Form 4 with the SEC on January 6, 2025.
• The report details a transaction on January 2, 2025, where Bisson acquired 50 Common Stock Equivalents (CSEs).
• These CSEs were received as compensation for serving as an outside director of Gartner, Inc. under the 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, Bisson directly owns 3,344 shares of Gartner common stock.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing detailing director compensation. It's neutral in tone and reflects normal corporate governance practices. The sentiment is slightly positive as it indicates alignment of director and shareholder interests through equity ownership.

Positives

• The acquisition of CSEs reflects Gartner's commitment to compensating its outside directors through equity-based incentives.
• Director ownership aligns interests with shareholders.

Future Outlook

The CSEs will convert into Gartner common stock upon the termination of Bisson's service as a director or as otherwise provided in the LTIP.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates the compensation structure for Gartner's outside directors, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Equity compensation for board members is a common practice among publicly traded companies, including peers like Accenture, IBM, and McKinsey & Company.
• The specific amount and type of equity compensation (e.g., stock options, restricted stock units, or common stock equivalents) vary based on company size, industry, and individual director roles and responsibilities.
• Gartner's use of Common Stock Equivalents (CSEs) is a mechanism to align director interests with long-term shareholder value, similar to how other companies use restricted stock units that vest over time.

Stakeholder Impact

• Shareholders may view the equity-based compensation positively as it aligns the interests of the director with the long-term performance of the company.
• Employees may see this as a standard practice for director compensation.

Key Dates