Form 4: Gartner Inc. Executive Altaf Rupani Reports Stock Transactions
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
| Date | Description |
|---|---|
| 02/08/2024 | Performance-based RSUs were awarded. |
| 02/06/2025 | Date of earliest transaction reported. |
| 02/06/2026 | SARs become exercisable in installments. |
| 02/06/2032 | Expiration date of SARs. |
| 02/08/2025 | Vesting of RSUs and tax-related disposal of shares. |
| 02/10/2025 | Date of Form 4 filing. |
Keywords
Form 4, Gartner Inc, Altaf Rupani, Stock Transactions, Beneficial Ownership, RSUs, SARs, Executive Compensation
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