Gartner (NYSE: IT) CEO adds ESPP shares in exempt insider transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gartner Inc. Chairman and CEO Eugene A. Hall reported acquiring 38 shares of common stock through Gartner’s 2011 Employee Stock Purchase Plan. The shares were purchased at $154.09 per share in a transaction exempt from Section 16(b) under Rule 16b-3(c). Following this routine plan-related purchase, Hall directly owns 1,188,197 shares of Gartner common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HALL EUGENE A
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 38 | $154.09 | $6K |
Holdings After Transaction:
Common Stock — 1,188,197 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 38 shares
Transaction price: $154.09 per share
Shares owned after transaction: 1,188,197 shares
3 metrics
Shares acquired
38 shares
Common stock acquired under Employee Stock Purchase Plan
Transaction price
$154.09 per share
Price for ESPP acquisition on May 29, 2026
Shares owned after transaction
1,188,197 shares
Direct holdings of Eugene A. Hall following ESPP purchase
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
"in a transaction 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 did Eugene A. Hall report in his latest Form 4 for Gartner (IT)?
Eugene A. Hall reported acquiring 38 shares of Gartner common stock through the company’s Employee Stock Purchase Plan. The transaction was recorded at $154.09 per share and classified as exempt under Rule 16b-3(c).
What does Rule 16b-3(c) exemption mean for Eugene A. Hall’s Gartner transaction?
The transaction is exempt from Section 16(b) under Rule 16b-3(c), meaning it is treated as an insider transaction approved under specific regulatory rules. It applies here because the shares were acquired through Gartner’s Employee Stock Purchase Plan.
Was Eugene A. Hall’s latest Gartner (IT) Form 4 an open-market purchase or a plan transaction?
The filing reflects a plan transaction, not an open-market trade. Eugene A. Hall acquired 38 shares through Gartner’s 2011 Employee Stock Purchase Plan, which is a company-sponsored program for employees.