Finance

FactSet Executive VP Rachel R. Stern Exercises Stock Options Worth $1.76 Million

Published December 28, 2023

Rachel R. Stern, Executive Vice President at FactSet Research Systems Inc. FDS, made a significant financial move by exercising a large number of company stock options on December 26, as indicated by a recent filing with the Securities and Exchange Commission (SEC). This executive move showcases the internal confidence and dealing within the financial data corporation based in Norwalk, Connecticut.

Financial Maneuver by FactSet EVP Rachel R. Stern

According to documents filed with the SEC, Rachel R. Stern proceeded to exercise options on 6,215 shares of FDS stock. This stock transacts on the New York Stock Exchange and is a key indicator of the financial health and actions within FactSet Research Systems Inc. The exercise of stock options by an Executive Vice President reflects their strategic financial decisions and may hint at personal confidence in the company's growth or valuation.

About FactSet Research Systems Inc.

FDS, or FactSet Research Systems Inc., offers a suite of financial information and analytical applications to a diverse set of clients including investment professionals and corporate entities across the Americas, EMEA, and Asia Pacific. The company takes pride in delivering integrated data solutions that support financial analysis and investment decisions. The company's headquarters in Norwalk, Connecticut serves as a central point for its operations and innovation in financial data services.

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