Bousa Edward Peter 4
Research Summary
AI-generated summary
GARTNER Director Edward P. Bousa Receives RSU Award, Converts 507 Shares
What Happened
- Edward Peter Bousa, a director of Gartner, received a grant of 1,489 restricted stock units (RSUs) on 2026-05-28 (reported as acquired at $0). On 2026-05-29 he had a conversion/exercise of 507 derivative units into 507 shares and the same day disposed of 507 shares (both reported at $0). The filing reports $0 values because these were awards/conversions rather than open-market purchases or sales with cash consideration.
Key Details
- Transactions and prices:
- 2026-05-28: Grant/award (A) — 1,489 RSUs acquired @ $0.00 (derivative).
- 2026-05-29: Exercise/conversion (M) — 507 shares acquired @ $0.00 (derivative).
- 2026-05-29: Exercise/conversion (M) — 507 shares disposed @ $0.00 (derivative).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: The 1,489 RSUs vest 100% on May 28, 2027, contingent on continued service as a director.
- F2: The 507 RSUs referred to in the 5/29/26 transactions vested 100% on May 29, 2026.
- Filing timeliness: Form 4 was filed 2026-06-01 for transactions on 5/28–5/29/26; the filing appears to be timely (within the SEC’s Form 4 reporting window).
Context
- The 5/29 conversion plus an immediate 507-share disposal is commonly seen when vested units are converted to shares and a portion is surrendered or sold to cover taxes or withholding obligations; the filing does not specify the reason. These were not open-market purchases or sales for cash, but an award plus conversion/settlement of derivative securities.