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

Director Raul E. Cesan reports acquiring Common Stock Equivalents (CSEs) of Gartner Inc. as compensation for serving as an outside director.

Summary

• On October 1, 2024, Raul E. Cesan, a director of Gartner Inc., acquired 50 Common Stock Equivalents (CSEs) as compensation for his service as an outside director.
• These CSEs were granted under Gartner's Long-Term Incentive Plan (LTIP).
• The CSEs convert into Gartner common stock when the director's service terminates or as provided in the LTIP.
• The reporting person has elected to receive an immediate distribution of the CSE shares.
• Following the transaction, Cesan directly owns 1,113 CSEs and 37,350 shares of common stock.
• He also indirectly owns 14,400 shares through Family Trust #1 and 24,900 shares through Family Trust #2.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it aligns director interests with the company's performance.

Positives

• The acquisition of CSEs reflects Gartner's compensation plan for outside directors.
• The director's continued service is incentivized through the LTIP.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies like Gartner.

Comparison to Industry Standards

• Director compensation packages often include equity-based awards like CSEs to align director interests with shareholder value.
• Companies like Accenture, IBM, and McKinsey also utilize similar long-term incentive plans for their directors and executives.
• The specific terms of Gartner's LTIP, such as the conversion ratio and vesting schedule, would need to be compared to industry benchmarks to assess its competitiveness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
• The compensation structure incentivizes the director to contribute to the long-term success of Gartner.

Key Dates