FDS Director corrects Form 3 with one-share sale at $283.21
Rhea-AI Filing Summary
Barak Eilam, identified as a Director of FactSet Research Systems Inc. (FDS), reported a correction to prior ownership reporting. The Form 4 shows a sale of one share executed on 10/03/2025 at a price of $283.21. Following the reported transaction the filing lists 285 shares beneficially owned. The filing notes this entry corrects an omission from the Reporting Person's earlier Form 3 and is signed on 10/07/2025 by an attorney-in-fact.
Positive
- Filed a corrective amendment to disclose an omitted share sale, restoring compliance with Section 16
- Transaction size is immaterial: sale of one share at $283.21 limits investor impact
Negative
- Initial omission on Form 3 required a later correction, indicating an earlier reporting oversight
Insights
Minor corrective sale; administratively important but not material to shareholders.
The filing documents a corrective sale of one share by Director Barak Eilam on 10/03/2025 at $283.21, with 285 shares reported as beneficially owned afterwards. Such amendments restore accuracy to Section 16 reporting and fulfill statutory disclosure duties.
This is an administrative correction rather than a trading signal: the transaction is minimal in size so it is unlikely to affect ownership percentages or market perception. Monitor future Section 16 filings for any additional corrections or larger transactions within the next reporting cycle.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1 | $283.21 | $283.21 |
Footnotes (1)
- F1. Reflects the sale of one share that was inadvertently omitted from the Reporting Person's Form 3.
FAQ
What did FactSet director Barak Eilam report on Form 4 (FDS)?
Why was this Form 4 filed for Barak Eilam (FDS)?
Does the reported sale materially change ownership for Barak Eilam?
When was the Form 4 amendment signed?
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