Gartner CIO buys 19 shares at $188.20 each
Gartner’s EVP and Chief Information Officer acquired additional common shares through the company’s Employee Stock Purchase Plan.
Rhea-AI Filing Summary
GARTNER INC (IT) executive Altaf Rupani, EVP and Chief Information Officer, reported acquiring 19 shares of common stock on August 31, 2026 at $188.20 per share in an "other" transaction classified as an acquisition. The shares were obtained under Gartner, Inc.'s 2011 Employee Stock Purchase Plan and are exempt from Section 16(b) under Rule 16b-3(c), bringing Rupani's direct holdings to 1,199 shares of common stock. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 19 shares
Other
1 txn
Insider
Rupani Altaf
Role
EVP, Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 19 | $188.20 | $4K |
Holdings After Transaction:
Common Stock — 1,199 shares (Direct)
Footnotes (1)
- F1. Represents shares acquired under Gartner, Inc.'s 2011 Employee Stock Purchase Plan (as amended and restated effective May 1, 2024) in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(c).
Key Figures
Shares acquired: 19 shares
Transaction price per share: $188.20
Shares owned after transaction: 1,199 shares
+2 more
5 metrics
Shares acquired
19 shares
Common stock acquired on August 31, 2026
Transaction price per share
$188.20
Price reported for the August 31, 2026 acquisition
Shares owned after transaction
1,199 shares
Direct common stock holdings following the reported transaction
Role of reporting person
EVP, Chief Information Officer
Officer title for Altaf Rupani at Gartner Inc.
Section 16(b) status
Exempt under Rule 16b-3(c)
Applies to shares acquired under the 2011 Employee Stock Purchase Plan
Key Terms
Employee Stock Purchase Plan, Section 16(b), Rule 16b-3(c)
3 terms
Employee Stock Purchase Plan financial
"Represents shares acquired under Gartner, Inc.'s 2011 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Section 16(b) regulatory
"in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(c)"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(c) regulatory
"exempt from Section 16(b) pursuant to Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
What insider transaction did Gartner (IT) report for Altaf Rupani?
Altaf Rupani, EVP and Chief Information Officer, acquired 19 shares of Gartner common stock on August 31, 2026 at $188.20 per share in an Employee Stock Purchase Plan transaction, increasing his direct holdings to 1,199 shares.
Is Altaf Rupani’s Gartner (IT) transaction exempt from Section 16(b)?
Yes. The footnote states the shares acquired under the Employee Stock Purchase Plan were in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(c).
Was Altaf Rupani’s Gartner (IT) transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction; the affirmative 10b5-1 checkbox is not marked.
AI-generated analysis. How Rhea-AI works. Not financial advice.