Form 4: Gartner Inc. Executive Yvonne Genovese Reports Stock Transactions
SEC Form 4 Filing
EVP Yvonne Genovese reports acquisition and disposal of Gartner Inc. stock and derivative securities related to vesting of restricted stock units and stock appreciation rights.
Summary
- On February 8, 2025, Yvonne Genovese acquired 850 shares of common stock upon vesting of restricted stock units (RSUs) and disposed of 265 shares for tax withholding at a price of $529.29.
- On February 9, 2025, she acquired 892 shares and disposed of 370 shares for tax withholding at $529.29.
- Also on February 9, 2025, she acquired 976 shares and disposed of 268 shares for tax withholding at $529.29.
- She also acquired 3,400 restricted stock units and 3,757 stock appreciation rights on February 6, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transactions are routine and related to executive compensation. There is no indication of unusual activity or concern.
Positives
- The vesting of RSUs and SARs indicates that performance metrics were met, which is a positive signal.
Future Outlook
The executive will continue to receive installments of RSUs and SARs in the coming years, subject to vesting schedules.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages. These transactions provide insights into management's perspective on the company's performance and future prospects.
Comparison to Industry Standards
- Stock-based compensation, including RSUs and SARs, is a standard practice among publicly traded companies, particularly in the technology sector, to align executive interests with shareholder value.
- Companies like Microsoft, Oracle, and Accenture also utilize similar compensation structures for their executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the execution of existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 02/08/2024 | Date performance-based RSUs were awarded. |
| 02/09/2024 | Commencement date for annual installments of RSUs. |
| 02/06/2025 | Date of RSU and SARs acquisition. |
| 02/08/2025 | Date of common stock transaction related to RSU vesting. |
| 02/09/2025 | Date of common stock transaction related to RSU release. |
| 02/06/2026 | Commencement date for annual installments of SARs. |
| 02/06/2032 | Expiration date for SARs. |
Keywords
Form 4, Gartner Inc., Yvonne Genovese, Stock Transactions, Restricted Stock Units, Stock Appreciation Rights, Beneficial Ownership
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