Forrester (NASDAQ: FORR) exec files to sell 7,000 shares from stock awards
Rhea-AI Filing Summary
FORRESTER RESEARCH, INC. (FORR) is the issuer of common stock that Leo Christian Finn, an officer, has filed to sell under Rule 144. The notice covers a proposed sale of 7,000 shares of common stock, with an aggregate market value of $82,432.70, through broker Robert W. Baird & Co. Incorporated on NASDAQ. The shares derive from vested restricted stock units granted on 10/01/2021, 03/01/2022, and 10/01/2021, which vested into 3,562, 1,755, and 1,683 shares, respectively, as stock-based compensation.
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Key Figures
Shares proposed for sale: 7,000 shares of common stock
Aggregate market value: $82,432.70
RSU-derived shares 10/01/2022: 3,562 shares
+2 more
5 metrics
Shares proposed for sale
7,000 shares of common stock
Shares covered by the Rule 144 notice for Leo Christian Finn
Aggregate market value
$82,432.70
Total value of 7,000 FORRESTER RESEARCH, INC. shares in the proposed sale
RSU-derived shares 10/01/2022
3,562 shares
Shares from restricted stock units granted 10/01/2021, vesting 10/01/2022
RSU-derived shares 03/01/2023
1,755 shares
Shares from restricted stock units granted 03/01/2022, vesting 03/01/2023
RSU-derived shares 10/01/2023
1,683 shares
Shares from restricted stock units granted 10/01/2021, vesting 10/01/2023
Key Terms
Rule 144, restricted stock units, stock-based compensation, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"Restricted stock units granted 10/01/2021"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock-based compensation financial
"10/01/2022 | Stock-based compensation"
Stock-based compensation is when a company pays employees, directors or consultants with shares or the right to buy shares instead of or in addition to cash. It matters to investors because issuing stock or options spreads ownership thinner (like cutting a pie into more slices), which can reduce each existing share’s claim on profits and can also change reported earnings; investors watch it to assess true cost of running the business and how management is incentivized.
attorney-in-fact regulatory
"Ryan Darrah, as attorney-in-fact for Leo Christian Finn"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing indicate for FORR?
The Form 144 indicates that officer Leo Christian Finn has filed notice to potentially sell 7,000 shares of FORRESTER RESEARCH, INC. common stock under Rule 144, with an aggregate market value of $82,432.70, through broker Robert W. Baird & Co. Incorporated on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.
