Hensel Scott 4
Research Summary
AI-generated summary
Gartner (IT) EVP Hensel Scott Receives RSUs; Shares Withheld for Taxes
What Happened
- Hensel Scott, EVP Global Services & Delivery at Gartner (ticker: IT), had RSUs vest on February 9, 2026. A total of 2,925 shares were released (1,601 and 1,324 from two separate RSU awards) at a per-share value of $159.75 (total value ≈ $467,269).
- To cover tax withholding, 917 shares were surrendered/withheld (502 and 415 shares) at $159.75 each, totaling $146,491. After withholding, Scott received a net of 2,008 shares (net value ≈ $320,779). These entries appear as derivative exercises/conversions (code M) and tax withholding (code F) on the Form 4.
Key Details
- Transaction date: February 9, 2026. Filing date: February 11, 2026 (no indication in the filing excerpt that this was late).
- Price used for valuation/withholding: $159.75 per share.
- Shares released (gross): 2,925; shares withheld for taxes: 917; net shares received: 2,008.
- Footnotes:
- F1 & F3: These releases are RSU installments (one-for-one conversion to common stock) from awards that vest in four annual installments; the entries represent the 2026 installment for two separate grants (one granted in 2023 schedule, one in 2024 schedule).
- F2: Withheld shares were used to pay applicable income and payroll withholding taxes.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
- This was not an open-market purchase or a voluntary sale but the routine settlement of vested RSUs. The withholding of shares to cover taxes is a common administrative action and should not be interpreted on its own as a buy or sell signal.
- Transaction codes: M = exercise/conversion of a derivative (here, RSU settlement); F = shares withheld to satisfy tax obligations.