Form 4: Gartner Inc. Executive Kenneth Allard Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Kenneth Allard, EVP of Digital Markets at Gartner Inc., reports the exercise of stock appreciation rights and subsequent sale of common stock.

Summary

  • On February 28, 2024, Kenneth Allard, EVP of Digital Markets at Gartner Inc., exercised stock appreciation rights (SARs) and acquired 2,409 shares of common stock at a price of $154.31.
  • Also on February 28, 2024, 799 shares were withheld to cover the exercise price of the SARs at $465.69.
  • Additionally, 890 shares were withheld for tax obligations at $465.69.
  • On February 29, 2024, Allard sold 720 shares of common stock at a weighted average price of $464.88, with prices ranging from $464.62 to $465.00.
  • Following these transactions, Allard directly owns 9,442 shares of Gartner Inc. common stock and 7,224 stock appreciation rights.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of Gartner Inc.'s executives. It allows investors to monitor management's perspective on the company's stock and financial health.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

DateDescription
02/05/2021SARs became exercisable in four substantially equal annual installments, commencing on this date.
02/28/2024Exercise of SARs and sale of shares.
02/29/2024Sale of shares.
03/01/2024Date of signature for the Form 4 filing.

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