Director at Gartner (NYSE: IT) receives 117 stock equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gartner Inc. director Edward Peter Bousa reported receiving a grant of 117 Common Stock Equivalents (CSEs) as compensation for serving as an outside director. The CSEs, valued at a reference price of $154.79 per share, were awarded under Gartner’s Long-Term Incentive Plan.
Each CSE represents the right to receive one share of Gartner common stock. The CSEs convert into common stock when Bousa’s continuous status as a director ends, or as otherwise provided in the Long-Term Incentive Plan. After this grant, his reported direct CSE holdings total 117.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bousa Edward Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Equivalent (CSE) | 117 | $154.79 | $18K |
Holdings After Transaction:
Common Stock Equivalent (CSE) — 117 shares (Direct)
Footnotes (1)
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Key Figures
CSEs granted: 117 units
Reference price per CSE: $154.79 per unit
Underlying common shares: 117 shares
+1 more
4 metrics
CSEs granted
117 units
Common Stock Equivalents granted as director compensation
Reference price per CSE
$154.79 per unit
Reported transaction price per Common Stock Equivalent
Underlying common shares
117 shares
Each CSE corresponds to one share of common stock
Holdings after grant
117 CSEs
Total reported direct Common Stock Equivalents following transaction
Key Terms
Common Stock Equivalent (CSE), outside director, Long-Term Incentive Plan ("LTIP")
3 terms
Common Stock Equivalent (CSE) financial
"These are Common Stock Equivalents ("CSEs") received as compensation"
outside director financial
"compensation for service as an outside director of Gartner, Inc."
Long-Term Incentive Plan ("LTIP") financial
"They were granted under the Gartner, Inc. Long-Term Incentive Plan ("LTIP")."
FAQ
What insider transaction did Gartner (IT) director Edward Peter Bousa report?
Edward Peter Bousa reported receiving 117 Common Stock Equivalents as compensation for serving as an outside director. These equity units were granted under Gartner’s Long-Term Incentive Plan and convert into common stock when his board service ends or as provided in the plan.
How many stock equivalents did Gartner (IT) grant to its outside director?
Gartner granted 117 Common Stock Equivalents to outside director Edward Peter Bousa. Each CSE represents one share of common stock, awarded as part of director compensation under the company’s Long-Term Incentive Plan and scheduled to convert when his directorship ends.
At what reference price were Gartner (IT) Common Stock Equivalents granted?
The 117 Common Stock Equivalents granted to Edward Peter Bousa used a reference price of $154.79 per unit. This price anchors the reported value of the award but the CSEs themselves convert into common stock based on his service terms, not open-market purchases.
When do Edward Peter Bousa’s Gartner (IT) CSEs convert into common stock?
The Common Stock Equivalents convert into Gartner common stock when Bousa’s continuous status as a director ends. The Long-Term Incentive Plan may also specify other conversion provisions, but the primary trigger disclosed is termination of his board service.
Is Edward Peter Bousa’s Gartner (IT) Form 4 transaction an open-market trade?
No, the transaction is a compensation grant, not an open-market trade. The Form 4 shows an acquisition coded as an award of 117 Common Stock Equivalents under Gartner’s Long-Term Incentive Plan, rather than a purchase or sale on the stock market.