Form 4: Gartner Inc. EVP & CFO Craig Safian Reports Stock Transactions

Sentiment:

SEC Form 4


Craig Safian, EVP & CFO of Gartner Inc., reports the acquisition and disposal of common stock and derivative securities, including Restricted Stock Units (RSUs) and Stock Appreciation Rights (SARs).

Summary

  • Craig Safian, the EVP & CFO of Gartner Inc., filed a Form 4 detailing changes in beneficial ownership.
  • The report includes transactions involving common stock, Restricted Stock Units (RSUs), and Stock Appreciation Rights (SARs).
  • On February 8, 2025, Safian acquired 2,058 shares of common stock upon the vesting of RSUs and disposed of 777 shares for tax withholding at a price of $529.29.
  • On February 9, 2025, he acquired 2,642 shares and 2,183 shares of common stock upon the release of RSUs and disposed of 1,287 shares and 1,064 shares for tax withholding at a price of $529.29.
  • Following these transactions, Safian beneficially owns 74,762 shares of common stock.
  • He also holds 8,232 RSUs, 8,530 Stock Appreciation Rights, 6,174 RSUs, 2,641 RSUs and 4,366 RSUs.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing detailing stock transactions. The sentiment is neutral to slightly positive as it reflects the execution of existing compensation plans and alignment of executive interests with company performance.

Positives

  • The vesting of RSUs indicates that performance metrics were met, leading to the release of shares to the reporting person.

Future Outlook

The document does not contain explicit forward-looking statements, but it details the vesting schedule of RSUs and the exercisability of SARs, indicating future potential stock transactions.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It reflects the ongoing equity-based compensation practices used to align executive interests with shareholder value.

Comparison to Industry Standards

  • Equity compensation, including RSUs and SARs, is a standard practice among publicly traded companies, particularly in the technology and consulting sectors where Gartner operates.
  • Companies like Accenture, IBM, and McKinsey & Company also utilize similar equity-based compensation plans to attract and retain top talent.
  • The vesting schedules and terms of these equity grants are generally in line with industry norms, designed to incentivize long-term performance and retention.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they represent routine executive compensation activities.
  • Employees may be indirectly affected as these transactions reflect the company's compensation practices and executive alignment with company goals.

Key Dates

DateDescription
02/09/2023Commencement date for vesting of RSUs in four substantially equal annual installments.
02/08/2024Date performance-based RSUs were awarded.
02/06/2025Date of earliest transaction reported.
02/06/2025Date RSUs were awarded.
02/08/2025Date of RSU vesting and stock transactions.
02/09/2025Date of RSU release and stock transactions.
02/10/2025Date of report signature.
02/06/2026Commencement date for exercisability of Stock Appreciation Rights.
02/06/2032Expiration date for Stock Appreciation Rights.

Keywords

Gartner, Safian, RSU, Stock Appreciation Rights, Common Stock, Form 4, Beneficial Ownership, Transactions, EVP & CFO

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