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

Sentiment:

SEC Filing


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

Summary

  • Peter Bisson, a director at Gartner Inc., filed a Form 4 with the SEC.
  • The filing reports the acquisition of 49 Common Stock Equivalents (CSEs) on October 1, 2024.
  • These CSEs were received as compensation for service as an outside director under the Gartner, Inc. Long-Term Incentive Plan (LTIP).
  • The CSEs convert into Gartner common stock when the director's service terminates, or as otherwise provided in the LTIP.
  • Bisson also reported owning 3,294 shares of Gartner common stock after the reported transaction.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of director compensation.

Positives

  • The acquisition of CSEs reflects Gartner's compensation plan for outside directors.
  • 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 standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding director compensation.

Key Dates

DateDescription
10/01/2024Date of transaction: Acquisition of Common Stock Equivalents
10/03/2024Date of Form 4 filing

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