Jain Akhil 4
Research Summary
AI-generated summary
Gartner (IT) EVP Akhil Jain Receives RSU and SAR Awards
What Happened
- Akhil Jain, EVP of Consulting at Gartner Inc. (IT), was granted two derivative awards on 2026-02-05: 2,303 performance-based restricted stock units (RSUs) and 14,022 stock appreciation rights (SARs). The Form 4 shows a transaction price of $0.00 for both awards (reported value $0 on the transaction line because these are compensation grants, not open-market purchases).
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (appears timely).
- Reported transaction type: A (award/grant); reported price per unit: $0.00; reported transaction value: $0.
- Shares/units owned after transaction: not specified in the Form 4 (not disclosed in the filing).
- Footnotes from the filing:
- F1: The 2,303 RSUs are performance-based RSUs awarded Feb 6, 2025; they vest in four substantially equal annual installments beginning Feb 6, 2026 and reflect the post-certification award amount.
- F2: The 14,022 SARs become exercisable in four substantially equal annual installments beginning Feb 5, 2027.
Context
- RSUs are deferred stock awards that convert to shares (or their cash equivalent) as they vest; because these are performance-based, vesting depends on achievement of prior performance metrics (which were certified). SARs pay the appreciation in value (cash or shares) based on the stock price when exercised and the grant price; these SARs are subject to future vesting/exercise windows starting in 2027.
- These entries are grants (compensation), not purchases or sales, so they do not directly signal insider buying/selling activity. No immediate sale or cashless exercise is indicated.