Finance

FactSet Research Systems EVP Robert J Robie Exercises Stock Options, Gains $1.22M

Published December 28, 2023

In a revealing SEC filing posted on December 26th, it was shown that Robert J Robie, the Executive Vice President (EVP) of FactSet Research Systems Inc. FDS, has made a noteworthy transaction by exercising his company stock options. The Form 4 filing, made public on Tuesday, gives an insightful view into the executive-level movements within the American financial data and software company headquartered in Norwalk, Connecticut.

Details of the Transaction

FDS witnessed a significant move when Robie capitalized on his allotted stock options, as detailed in the Form 4 document submitted to the U.S. Securities and Exchange Commission (SEC). This exercise of options marks a notable financial decision within the investment and corporate sectors served by FactSet Research Systems. The company, which delivers comprehensive financial information along with analytical applications across the Americas, EMEA, and Asia Pacific, stands out as a key player in its field.

FactSet Research Systems in the Market

FDS is recognized in the stock market for providing crucial data to the investment community, facilitating informed decision-making processes. As executives like Robie engage in significant stock option exercises, it underscores their belief in the company's value and prospects. Such transactions are often closely monitored by investors as they can provide insights into executives' expectations and confidence in the company's financial future.

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