Stock-Based Compensation

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation

Stock-Based Compensation

The Company grants stock-based compensation awards as an incentive for employees and directors to contribute to the Company’s long-term success. The Company currently awards stock-settled stock appreciation rights, service-based and performance-based restricted stock units, and common stock equivalents. As of March 31, 2024, the Company had 5.6 million shares of its common stock, par value $0.0005 per share, (the “Common Stock”) available for stock-based compensation awards under the Gartner, Inc. Long-Term Incentive Plan as amended and restated in June 2023 (the “Plan”).

The tables below summarize the Company’s stock-based compensation expense by award type and expense category line item during the periods indicated (in millions).

	Three Months Ended
	March 31,
Award type	2024		2023
Stock appreciation rights	$	4.6	$	2.5
Restricted stock units	45.6		42.2
Common stock equivalents	0.3		0.3
Total (1)	$	50.5	$	45.0

	Three Months Ended
	March 31,
Expense category line item	2024		2023
Cost of services and product development	$	19.5	$	18.3
Selling, general and administrative	31.0		26.7
Total (1)	$	50.5	$	45.0

(1)Includes costs of $30.6 million and $26.8 million during the three months ended March 31, 2024 and 2023, respectively, for awards to retirement-eligible employees. Those awards vest on an accelerated basis.