CESAN RAUL E 4
Research Summary
AI-generated summary
Gartner Director Raul E. Cesan Exercises and Sells 551 Shares
What Happened
- Raul E. Cesan, a director of Gartner, converted 551 derivative units into common shares and disposed of 551 shares on May 29, 2026. The Form 4 lists an exercise/conversion price of $0 and reports $0 for these transactions (derivative conversion and immediate disposal).
- Separately, on May 28, 2026 Cesan was granted 1,489 restricted stock units (RSUs). The grant is listed as a derivative award with no cash price reported.
Key Details
- Transaction dates and types:
- 2026-05-28: Award of 1,489 RSUs (derivative, reported as acquired, $0).
- 2026-05-29: Exercise/conversion of 551 derivative units (acquired, $0) and simultaneous disposal of 551 shares (disposed, $0).
- Reported dollar amounts: exercise/conversion price shown as $0; the filing does not show cash proceeds from the disposal.
- Shares owned after transaction: not specified in this Form 4.
- Footnotes:
- F1: The 1,489 RSUs are scheduled to vest 100% on May 28, 2027, subject to continued service.
- F2: A separate RSU award (or portion) vested 100% on May 29, 2026 (this corresponds to the 551-unit conversion/disposal).
- Filing timeliness: No late-filing flag indicated in the provided data.
Context
- These entries represent a routine director award (RSUs) and the conversion/sale of vested derivative units. The exercise/conversion shows $0 as the exercise price (typical for RSUs that convert to shares), and the immediate disposal suggests those vested shares were sold or transferred the same day. The Form 4 does not disclose sale proceeds or motive; such disposals are common and do not necessarily indicate a view on the company’s outlook.