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

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

Summary

• On April 1, 2025, Raul E. Cesan, a director of Gartner Inc., reported acquiring 60 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 otherwise provided in the LTIP.
• Following the transaction, Mr. Cesan directly owns 37,462 shares of common stock.
• Mr. Cesan also indirectly owns 14,400 shares through Family Trust #1 and 24,900 shares through Family Trust #2.
• Mr. Cesan directly owns 1,123 Common Stock Equivalents (CSE) at a price of $413.72.
• Mr. Cesan directly owns 1,063 Common Stock Equivalents (CSE) at a price of $0.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard director compensation practices and aligns director interests with shareholder value. There are no indications of negative events or concerns.

Positives

• The acquisition of CSEs reflects Gartner's commitment to compensating its outside directors through equity-based incentives.
• The Long-Term Incentive Plan (LTIP) aligns the interests of directors with those of shareholders.

Future Outlook

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

Management Comments

• This reporting person has elected to receive an immediate distribution of the CSE shares.
• These are Common Stock Equivalents (CSEs) received as compensation for service as an outside director of Gartner, Inc.
• They were granted under the Gartner, Inc. Long-Term Incentive Plan (LTIP).

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies like Gartner Inc. to align director interests with shareholder value.

Comparison to Industry Standards

• Director compensation packages often include equity-based awards like stock options, restricted stock, or stock equivalents to incentivize long-term value creation.
• Companies like Accenture, IBM, and McKinsey also utilize similar compensation strategies for their board members.
• The specific terms of Gartner's LTIP, such as vesting schedules and conversion ratios, 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 long-term company performance.

Key Dates

Keywords

Common Stock Equivalents, Director Compensation, Long-Term Incentive Plan, Gartner Inc., Beneficial Ownership, Form 4, Equity Securities