Form 4: Rinello John J reports multiple insider transactions in IT
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rinello John J reported multiple insider transaction types in a Form 4 filing for IT. The filing lists transactions totaling 1,045 shares at a weighted average price of $159.75 per share. Following the reported transactions, holdings were 3,768 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
447 shares exercised/converted
Mixed
7 txns
Insider
Rinello John J
Role
SVP, Global Business Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 194 | $0.00 | -- |
| Exercise | Restricted Stock Units | 253 | $0.00 | -- |
| Exercise | Common Stock | 194 | $0.00 | -- |
| Tax Withholding | Common Stock | 58 | $159.75 | $9K |
| Exercise | Common Stock | 253 | $0.00 | -- |
| Tax Withholding | Common Stock | 93 | $159.75 | $15K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 3,573 shares (Direct);
Common Stock — 50 shares (Indirect, By Immediate Family)
Footnotes (1)
- Represents shares acquired upon release of RSUs, which convert into common stock on a one-for-one basis. These RSUs vested in four substantially equal annual installments, commencing on February 9, 2023. This represents the 2026 installment. Represents shares withheld for the payment of applicable income and payroll withholding taxes. Represents shares acquired upon release of RSUs, which convert into common stock on a one-for-one basis. These RSUs vested in four substantially equal annual installments, commencing on February 9, 2024. This represents the 2026 installment.
FAQ
What did Gartner (IT) executive John J. Rinello report in this Form 4?
John J. Rinello reported the vesting and conversion of RSUs into Gartner common stock and related tax withholding. RSUs for 194 and 253 shares converted to stock, and 58 and 93 shares were withheld to satisfy income and payroll tax obligations at $159.75 per share.
Were the Gartner (IT) Form 4 transactions open-market stock sales?
No, the Form 4 does not show open-market stock sales by John J. Rinello. The dispositions reported under code F represent shares withheld by the company to pay income and payroll taxes on vested RSUs, not discretionary sales into the market.
How many RSUs did John J. Rinello convert to Gartner (IT) common stock?
Rinello converted RSUs covering 194 and 253 shares of Gartner common stock. These restricted stock units vested in four substantially equal annual installments beginning February 9, 2023 and February 9, 2024, with the reported transactions representing the 2026 vesting installments.
What do the RSU footnotes in the Gartner (IT) Form 4 explain?
The footnotes explain that the common shares came from RSU releases and tax withholding. They clarify the RSUs convert one-for-one into common stock, vest in four annual installments, and that certain shares were withheld solely to pay income and payroll taxes.