Form 4: Gartner Inc. EVP & CFO Craig Safian Reports Stock Transactions
SEC Form 4
Craig Safian, EVP & CFO of Gartner Inc., reports the exercise of stock appreciation rights and subsequent sale of common stock.
Summary
- Craig Safian, the EVP & CFO of Gartner Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 12, 2025, Safian exercised stock appreciation rights (SARs) resulting in the acquisition of 10,657 shares of common stock at a price of $154.31.
- On the same day, 3,680 shares were withheld to cover the exercise price of the SARs at $446.95.
- Additionally, 3,562 shares were withheld for the payment of income and payroll withholding taxes at $446.95.
- On May 13, 2025, Safian sold 3,415 shares of common stock at a weighted average price of $450.17, with prices ranging from $449.88 to $450.33.
- Following these transactions, Safian beneficially owns 77,890 shares of Gartner Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of insider trading activity, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Executive compensation packages often include stock options and SARs to align management's interests with those of shareholders.
- The exercise and sale of shares by executives are typical events and are usually disclosed through Form 4 filings with the SEC.
- Comparable companies such as Accenture, IBM, and Tata Consultancy Services also have executives who regularly report similar transactions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 02/05/2021 | SARs became exercisable in four substantially equal annual installments, commencing on this date. |
| 05/12/2025 | Exercise of SARs and withholding of shares for exercise price and taxes. |
| 05/13/2025 | Sale of common stock. |
| 05/14/2025 | Date of Form 4 filing. |
Keywords
Gartner Inc, Craig Safian, Form 4, Stock Appreciation Rights, Beneficial Ownership, Insider Trading, IT
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.