Form 4: Gartner Inc. Director Stephen G. Pagliuca Reports Acquisition and Disposal of Common Stock Equivalents

Sentiment:

SEC Form 4 Filing


Director Stephen G. Pagliuca reports transactions involving Gartner Inc. common stock equivalents, including acquisition and disposal, as part of director compensation.

Summary

  • On April 1, 2024, Stephen G. Pagliuca, a director of Gartner Inc., reported acquiring and disposing of Common Stock Equivalents (CSE).
  • Pagliuca acquired 47 CSEs as compensation for serving as an outside director under Gartner's Long-Term Incentive Plan (LTIP).
  • The CSEs convert into Gartner common stock upon termination of the director's service or as provided in the LTIP.
  • The reporting person elected to receive an immediate distribution of the CSE shares.
  • Following the reported transactions, Pagliuca directly owns 66,711 shares of Gartner common stock and 1,668 Common Stock Equivalents.

Sentiment

Score: 7

Explanation: The document reflects standard insider trading reporting related to director compensation, indicating normal corporate governance practices. There is nothing to suggest a positive or negative outlook.

Positives

  • The acquisition of CSEs reflects Gartner's commitment to compensating its outside directors through equity-based incentives.
  • The LTIP aligns director compensation with the long-term performance of the company.

Future Outlook

The document does not contain any specific forward-looking statements regarding Gartner's future performance or the director's future transactions.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is common for publicly traded companies like Gartner. It provides transparency into the compensation and equity holdings of the company's directors.

Comparison to Industry Standards

  • Equity compensation for board members is a common practice among publicly traded companies.
  • Companies like Accenture, IBM, and Deloitte also use equity-based compensation to align the interests of their directors with those of shareholders.
  • The specific terms of Gartner's LTIP and the value of CSE grants would need to be compared to those of its peers to assess its competitiveness.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders.
  • The disclosure provides transparency to shareholders regarding director compensation.

Key Dates

DateDescription
04/01/2024Date of transaction involving Common Stock Equivalents (CSE)
04/03/2024Date of signature for the Form 4 filing

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