Gartner Inc. Files 8-K: Material Agreements and Financial Obligations
Ticker: IT · Form: 8-K · Filed: Apr 1, 2024 · CIK: 749251
| Field | Detail |
|---|---|
| Company | Gartner Inc (IT) |
| Form Type | 8-K |
| Filed Date | Apr 1, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0005, $1.0 billion, $750 million, $75.0 million, $274.4 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, filing-update
Related Tickers: IT
TL;DR
Gartner's making big moves: new deals signed, old ones axed, and new financial obligations created. Details to come.
AI Summary
On March 26, 2024, Gartner, Inc. entered into a material definitive agreement and simultaneously terminated another. The company also created a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the nature of these agreements, their financial implications, and the counter-parties involved are not fully disclosed in this initial filing.
Why It Matters
This filing indicates significant changes in Gartner's contractual and financial commitments, which could impact its future operations and financial health.
Risk Assessment
Risk Level: medium — The filing indicates material changes in definitive agreements and financial obligations, which inherently carry risk until more details are disclosed.
Key Players & Entities
- Gartner, Inc. (company) — Registrant
- March 26, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Gartner, Inc. on March 26, 2024?
The filing states that Gartner, Inc. entered into a material definitive agreement on March 26, 2024, but the specific details of this agreement are not provided in this initial report.
Which material definitive agreement was terminated by Gartner, Inc. on March 26, 2024?
Gartner, Inc. reported the termination of a material definitive agreement on March 26, 2024, however, the identity of the terminated agreement is not specified in this filing.
What type of financial obligation did Gartner, Inc. create on March 26, 2024?
On March 26, 2024, Gartner, Inc. created a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics of this obligation are not detailed in the filing.
What is the Commission File Number for Gartner, Inc.?
The Commission File Number for Gartner, Inc. is 001-14443.
What is the Standard Industrial Classification code for Gartner, Inc.?
The Standard Industrial Classification code for Gartner, Inc. is 8741, which corresponds to SERVICES-MANAGEMENT SERVICES.
Filing Stats: 1,362 words · 5 min read · ~5 pages · Grade level 11.2 · Accepted 2024-04-01 16:33:54
Key Financial Figures
- $0.0005 — nge on which registered Common Stock, $0.0005 par value per share IT New York Sto
- $1.0 billion — . The Credit Agreement provides for a $1.0 billion senior unsecured five-year revolving fa
- $750 million — tain conditions, by up to an additional $750 million in the aggregate. The facility may be u
- $75.0 million — be used for revolving loans, and up to $75.0 million may be used for letters of credit. The
- $274.4 million — On March 26, 2024, the Company borrowed $274.4 million under the Credit Agreement. The initial
- $400.0 million — inistrative agent, which provided for a $400.0 million senior secured five-year term loan faci
Filing Documents
- d771496d8k.htm (8-K) — 33KB
- d771496dex101.htm (EX-10.1) — 585KB
- 0001193125-24-083467.txt ( ) — 880KB
- it-20240326.xsd (EX-101.SCH) — 3KB
- it-20240326_lab.xml (EX-101.LAB) — 18KB
- it-20240326_pre.xml (EX-101.PRE) — 11KB
- d771496d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit Number Description 10.1 Credit Amendment, dated as of March 26, 2024, among Gartner, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. 104 Cover Page for Interactive Data File, formatted in Inline XBRL (included as Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Gartner, Inc. Date: April 1, 2024 By: /s/ Craig W. Safian Craig W. Safian Executive Vice President and Chief Financial Officer