Form 4: Gartner Inc. Director Richard J. Bressler Reports Acquisition of Common Stock Equivalents

Director Richard J. Bressler reports acquisition of Common Stock Equivalents (CSEs) as compensation for serving as an outside director of Gartner, Inc.

Summary

• Richard J. Bressler, a director of Gartner Inc., filed a Form 4 with the SEC.
• The report details the acquisition of 60 Common Stock Equivalents (CSEs) on October 1, 2024.
• These CSEs were received as compensation for serving as an outside director under Gartner's Long-Term Incentive Plan (LTIP).
• The CSEs will convert into Gartner common stock upon termination of Bressler's directorship or as otherwise specified in the LTIP.
• Following the reported transaction, Bressler directly owns 20,744 shares of Gartner common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment due to alignment of director and shareholder interests.

Positives

• The acquisition of CSEs reflects Gartner's compensation strategy for its outside directors.
• Bressler's continued directorship and ownership of Gartner stock aligns his interests with those of the shareholders.

Future Outlook

The CSEs will convert into Gartner common stock upon the termination of Bressler's directorship or as otherwise provided in the LTIP.

Industry Context

Director compensation through stock and equity-based awards is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Many companies, such as Accenture, IBM, and McKinsey, use similar long-term incentive plans to compensate their directors and key employees.
• These plans often include stock options, restricted stock units, and performance-based awards to incentivize performance and align interests with shareholders.
• The specific terms and conditions of these plans vary depending on the company's size, industry, and compensation philosophy.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's long-term performance.

Key Dates