Form 4: Gartner Inc. Director Raul E. Cesan Reports Acquisition and Disposal of Common Stock Equivalents

Sentiment:

SEC Form 4 Filing


Director Raul E. Cesan reports transactions involving Gartner Inc. common stock equivalents, including acquisition and disposal, as part of compensation for serving as an outside director.

Summary

  • On April 1, 2024, Raul E. Cesan, a director of Gartner Inc., reported transactions involving common stock equivalents (CSE).
  • Cesan acquired 52 CSEs as compensation for serving as an outside director under the Gartner, Inc. Long-Term Incentive Plan (LTIP).
  • The CSEs convert into Gartner common stock upon termination of the director's continuous status or as provided in the LTIP.
  • Cesan also disposed of 52 CSEs, electing to receive an immediate distribution of these shares.
  • Following these transactions, Cesan directly owns 59,438 shares of common stock and 1,063 common stock equivalents.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with the company. There are no indications of negative events or concerns.

Positives

  • The acquisition of CSEs reflects Gartner's compensation plan for outside directors.
  • The director's continued holding of common stock and CSEs indicates alignment with the company's long-term performance.

Future Outlook

The CSEs convert into Gartner common stock on the date the outside director's continuous status as a director terminates, or as otherwise provided in the LTIP.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies. It provides transparency into the alignment of interests between company leadership and shareholders.

Stakeholder Impact

  • Shareholders are informed about the director's holdings and compensation structure.
  • The filing provides transparency regarding director compensation and alignment with company performance.

Key Dates

DateDescription
04/01/2024Date of the reported transactions (acquisition and disposal of CSEs).
04/03/2024Date of signature for the Form 4 filing.

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