Form 4: Gartner Inc. Director William O. Grabe Receives Shares from Grantor Retained Annuity Trust
SEC Form 4 Filing
Director William O. Grabe received 16,795 shares of Gartner Inc. common stock as proceeds from an annual annuity distribution from a grantor retained annuity trust (GRAT).
Summary
- On June 5, 2024, William O. Grabe, a director of Gartner Inc., acquired 16,795 shares of common stock.
- The acquisition was a result of a distribution from a grantor retained annuity trust (GRAT) established on June 9, 2023.
- The shares were received as proceeds of an annual annuity distribution from the 2023 GRAT.
- Following the transaction, Grabe directly owns 35,331 shares of Gartner Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to estate planning, which is neither particularly positive nor negative for the company's outlook. It's a neutral event from an investment perspective.
Positives
- The transaction reflects the planned distribution of assets from a pre-existing trust, which is a normal part of estate planning.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 06/09/2023 | Date the reporting person established a grantor retained annuity trust (GRAT). |
| 06/05/2024 | Date of transaction where shares were acquired as proceeds from the GRAT. |
| 06/07/2024 | Date of signature for the Form 4 filing. |
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