Gartner Steven John 4
Research Summary
AI-generated summary
Warburg Pincus Access Fund Director Steven Gartner Receives Award
What Happened
- Steven John Gartner, a director of Warburg Pincus Access Fund, L.P., was granted a total of 12,000 Class E limited partnership units on Feb 2, 2026 as compensation for board service. The award consisted of 10,000 units priced at $25.00 each (total value $250,000) and 2,000 units with a $0.00 reported price (no cash value recorded).
Key Details
- Transaction date: 2026-02-02; Filing date (Form 4): 2026-02-04 (appears timely).
- Grants: 10,000 units @ $25.00 (acquired; $250,000) and 2,000 units @ $0.00 (acquired; $0).
- Shares/units owned after transaction: not specified in the filing.
- Footnote: The 12,000-unit award is Class E limited partnership units granted as board compensation; the unit award fully vests on February 2, 2027 (per footnote F1).
- Transaction code: A (Award/Grant).
Context
- This was a compensation grant (an award), not an open-market purchase or sale. Such grants are common for board service and reflect compensation rather than an immediate vote of market confidence.
- Because the units vest on Feb 2, 2027, Gartner does not have unrestricted ownership until vesting; there is no indication of an immediate sale or exercise.