Gartner (NYSE: IT) director gets 156 CSEs, converts to common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gartner Inc. director Stephen G. Pagliuca reported equity compensation and related share movements. He received 156 Common Stock Equivalents (CSEs) as compensation for service as an outside director under the company’s Long-Term Incentive Plan at an indicated value of $154.79 per equivalent.
According to the filing, he elected to receive an immediate distribution of these CSEs, resulting in a conversion into 156 shares of Gartner common stock on the same date. Following these transactions, he holds 111,864 shares of common stock directly and 1,668 CSEs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
PAGLIUCA STEPHEN G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Equivalents (CSE) | 156 | $154.79 | $24K |
| Other | Common Stock Equivalents (CSE) | 156 | $0.00 | -- |
| Other | Common Stock | 156 | $0.00 | -- |
Holdings After Transaction:
Common Stock Equivalents (CSE) — 1,824 shares (Direct);
Common Stock — 111,864 shares (Direct)
Footnotes (1)
- This reporting person has elected to receive an immediate distribution of the CSE shares. These are Common Stock Equivalents ("CSEs") received as compensation for service as an outside director of Gartner, Inc. They were granted under the Gartner, Inc. Long-Term Incentive Plan ("LTIP"). The CSEs convert into Gartner common stock on the date the outside director's continuous status as a director terminates, or as otherwise provided in the LTIP.
Key Figures
CSE grant size: 156 CSEs
Grant reference price: $154.79 per CSE
Common shares from distribution: 156 shares
+3 more
6 metrics
CSE grant size
156 CSEs
Compensation grant for outside director service
Grant reference price
$154.79 per CSE
Indicated value for CSE compensation award
Common shares from distribution
156 shares
CSEs immediately distributed and converted into common stock
Common shares after transaction
111,864 shares
Total direct Gartner common stock holdings after transactions
CSEs after transaction
1,668 CSEs
Total direct Common Stock Equivalents following the restructuring
Restructuring CSE and share amount
312 units
RestructuringShares in transaction summary for J-code movements
Key Terms
Common Stock Equivalents (CSEs), Long-Term Incentive Plan ("LTIP"), outside director, equity compensation
4 terms
Common Stock Equivalents (CSEs) financial
"These are Common Stock Equivalents ("CSEs") received as compensation for service as an outside director"
Long-Term Incentive Plan ("LTIP") financial
"They were granted under the Gartner, Inc. Long-Term Incentive Plan ("LTIP")."
outside director financial
"received as compensation for service as an outside director of Gartner, Inc."
equity compensation financial
"These are Common Stock Equivalents ("CSEs") received as compensation for service"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What insider transaction did Stephen G. Pagliuca report at Gartner (IT)?
Stephen G. Pagliuca reported receiving 156 Common Stock Equivalents as compensation for serving as an outside director. He then elected immediate distribution, converting those into 156 shares of Gartner common stock, updating both his derivative and common share holdings.
Were Stephen G. Pagliuca’s Gartner (IT) transactions open-market buys or sells?
The reported activity did not involve open-market buying or selling. It reflects an equity grant of 156 Common Stock Equivalents as director compensation and an immediate distribution that converted those equivalents into 156 shares of Gartner common stock.
What are Common Stock Equivalents (CSEs) in Gartner’s (IT) Form 4 filing?
Common Stock Equivalents are equity-based compensation units granted under Gartner’s Long-Term Incentive Plan to outside directors. They convert into Gartner common stock when a director’s continuous service ends, or as otherwise provided by the plan, including elections for earlier distribution.
What was the indicated value of the Gartner (IT) equity grant to Stephen G. Pagliuca?
The grant consisted of 156 Common Stock Equivalents at an indicated value of $154.79 per equivalent. This figure reflects the reference price used in the compensation award and underlies the later conversion into an equal number of common shares.