Form 4: Gartner Inc. Executive Altaf Rupani Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP and Chief Information Officer of Gartner Inc., Altaf Rupani, reports acquisition and disposal of common stock and derivative securities.

Summary

  • Altaf Rupani, EVP and Chief Information Officer 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, 519 shares were acquired upon the vesting of RSUs, and 190 shares were disposed of to cover income and payroll withholding taxes at a price of $529.29.
  • Rupani also reports holding 624 shares of common stock directly.
  • Additionally, Rupani holds 1,555 RSUs and 2,454 SARs.
  • The SARs become exercisable in four equal annual installments starting February 6, 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors.

Comparison to Industry Standards

  • Executive compensation packages often include a mix of salary, stock options, and restricted stock units.
  • The vesting schedules and terms of these equity grants are typically aligned with industry norms and designed to incentivize long-term performance.
  • Companies like Microsoft, Apple, and Alphabet also use RSUs and SARs as part of their executive compensation packages.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive compensation and stock ownership.
  • The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
02/08/2024Performance-based RSUs were awarded.
02/06/2025Date of earliest transaction reported.
02/06/2026SARs become exercisable in installments.
02/06/2032Expiration date of SARs.
02/08/2025Vesting of RSUs and tax-related disposal of shares.
02/10/2025Date of Form 4 filing.

Keywords

Form 4, Gartner Inc, Altaf Rupani, Stock Transactions, Beneficial Ownership, RSUs, SARs, Executive Compensation

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.