Form 4: Gartner Inc. Executive Akhil Jain Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President of Consulting at Gartner Inc., Akhil Jain, reports multiple transactions involving common stock and stock appreciation rights.
Summary
- Akhil Jain, Executive Vice President of Consulting at Gartner Inc., reported several transactions involving the company's common stock.
- On November 7, 2024, Jain exercised stock appreciation rights (SARs) to acquire 600 shares at a price of $180.64 per share.
- On the same day, 201 shares were disposed of to cover the exercise price of the SARs at $540.75 per share.
- Additionally, 177 shares were withheld for tax purposes at $540.75 per share.
- On November 8, 2024, Jain sold 222 shares at $549 per share.
- Following these transactions, Jain beneficially owns 4,339 shares of common stock and 5,506 stock appreciation rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The transactions reported are typical for executives who receive stock-based compensation, such as stock options or stock appreciation rights.
- The prices at which the shares were sold and the SARs were exercised are within the range of typical market fluctuations for a company like Gartner.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activities.
- The filing provides transparency to the market regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | Commencement date for the vesting of the stock appreciation rights in four equal annual installments. |
| 11/07/2024 | Date of stock appreciation rights exercise, shares disposed for exercise price and tax obligations. |
| 11/08/2024 | Date of sale of 222 shares. |
| 11/12/2024 | Date of filing of the Form 4. |
Keywords
Gartner Inc., stock transactions, stock appreciation rights, insider trading, executive compensation, Form 4, Akhil Jain
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