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 service as an outside director.

Summary

• On July 1, 2024, Raul E. Cesan, a director of Gartner Inc., reported acquiring 57 Common Stock Equivalents (CSEs) as compensation for serving 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 also directly owns 60,200 shares of common stock.
• Additionally, the reporting person indirectly owns 10,000 shares through Family Trust #1 and 6,400 shares through Family Trust #2.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and insider alignment with shareholder interests.

Positives

• The acquisition of CSEs reflects Gartner's compensation strategy for outside directors.
• The director's significant direct and indirect ownership suggests alignment with shareholder interests.

Future Outlook

The CSEs will convert into Gartner common stock upon the director's termination of service 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.

Comparison to Industry Standards

• Director compensation packages often include stock-based awards like CSEs to align director interests with shareholder value.
• Companies like Accenture, IBM, and McKinsey also utilize equity-based compensation for their board members.

Stakeholder Impact

• The report provides transparency to shareholders regarding director compensation and ownership.
• The director's equity stake aligns their interests with those of other shareholders.

Key Dates