Form 4: Gartner Inc. Executive Yvonne Genovese Reports Stock Transactions
SEC Form 4 Filing
EVP Yvonne Genovese reports exercising stock appreciation rights and disposing of shares to cover exercise costs and taxes.
Summary
- Yvonne Genovese, EVP at Gartner Inc., reported transactions involving common stock and stock appreciation rights (SARs) on February 13, 2025.
- Genovese exercised SARs, acquiring 4,826 shares of common stock at a price of $180.64.
- She disposed of 1,686 shares to cover the exercise price of the SARs at $517.17.
- Additionally, 1,400 shares were withheld for payment of income and payroll withholding taxes at $517.17.
- Following these transactions, Genovese directly owns 6,629 shares of Gartner Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive stock transactions, with no inherent positive or negative sentiment. It reflects standard compensation practices.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.
Comparison to Industry Standards
- Executive compensation packages often include stock options and SARs to align management's interests with those of shareholders.
- The vesting schedule of the SARs (four equal annual installments) is a common practice.
- The disposal of shares to cover exercise costs and taxes is a typical occurrence in executive stock option exercises.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
- Transparency in insider trading activity helps maintain investor confidence.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | SARs became exercisable in four substantially equal annual installments, commencing on this date. |
| 02/13/2025 | Date of the reported transactions: exercise of SARs, disposal of shares for exercise price, and tax withholding. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
| 02/10/2028 | Expiration date of the Stock Appreciation Rights. |
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