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Forrester Research (FORR) CTO reports RSU vesting, tax withholding and new 25,000-unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Forrester Research, Inc. Chief Technology Officer Michael Facemire reported equity compensation activity on April 1, 2026. Restricted stock units vested and converted into 5,994 shares of common stock, and 2,855 shares were withheld by the company to cover tax obligations tied to this vesting.

Facemire also received a new grant of 25,000 restricted stock units, each representing one future share upon vesting. Following these transactions, he directly holds 6,606 shares of common stock and maintains multiple outstanding RSU awards, reflecting routine compensation and tax treatment rather than open‑market trading.

Positive

  • None.

Negative

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Insider Facemire Michael
Role Chief Technology Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 994 $0.00 --
Exercise Restricted Stock Units 5,000 $0.00 --
Grant/Award Restricted Stock Units 25,000 $0.00 --
Exercise Common Stock 5,994 $0.00 --
Tax Withholding Common Stock 2,855 $5.39 $15K
Holdings After Transaction: Restricted Stock Units — 1,987 shares (Direct); Common Stock — 9,461 shares (Direct)
Footnotes (1)
  1. Represents the conversion, upon vesting, of restricted stock units into common stock. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on April 1, 2026 of the restricted stock units awarded to the reporting person on April 1, 2024 and April 1, 2025. The award includes a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock. On April 1, 2024, the reporting person was granted 3,975 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. On April 1, 2025, the reporting person was granted 20,000 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. On April 1, 2026, the reporting person was granted 25,000 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date.
RSUs converted to shares 5,994 shares Restricted stock units vested and converted into common stock on April 1, 2026
Shares withheld for taxes 2,855 shares at $5.39/share Withheld to satisfy tax withholding obligations on April 1, 2026
New RSU grant 25,000 RSUs Granted on April 1, 2026, each RSU equals one common share upon vesting
Common shares after transactions 6,606 shares Direct Forrester common stock holdings following April 1, 2026 events
RSUs remaining from 2024 grant 1,987 RSUs Total RSUs following transaction for one award described in footnotes
RSUs remaining from 2025 grant 15,000 RSUs Total RSUs following transaction for another award described in footnotes
Restricted Stock Units financial
"Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock."
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.
vesting financial
"Represents the conversion, upon vesting, of restricted stock units into common stock."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on April 1, 2026 of the restricted stock units"
grant financial
"On April 1, 2026, the reporting person was granted 25,000 Restricted Stock Units that vest and convert into common stock"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Facemire Michael

(Last)(First)(Middle)
C/O FORRESTER RESEARCH, INC.
60 ACORN PARK DRIVE

(Street)
CAMBRIDGE MASSACHUSETTS 02140

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FORRESTER RESEARCH, INC. [ FORR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026M(1)5,994A$09,461D
Common Stock04/01/2026F2,855(2)D$5.396,606D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(3)04/01/2026M994 (4) (4)Common Stock994$01,987D
Restricted Stock Units$0(3)04/01/2026M5,000 (5) (5)Common Stock5,000$015,000D
Restricted Stock Units$0(3)04/01/2026A25,000 (6) (6)Common Stock25,000$025,000D
Explanation of Responses:
1. Represents the conversion, upon vesting, of restricted stock units into common stock.
2. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on April 1, 2026 of the restricted stock units awarded to the reporting person on April 1, 2024 and April 1, 2025. The award includes a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award.
3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
4. On April 1, 2024, the reporting person was granted 3,975 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date.
5. On April 1, 2025, the reporting person was granted 20,000 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date.
6. On April 1, 2026, the reporting person was granted 25,000 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date.
Maite Garcia, attorney-in-fact for Michael Facemire04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity transactions did FORR CTO Michael Facemire report on April 1, 2026?

Michael Facemire reported RSU vesting that converted into 5,994 Forrester common shares and a new grant of 25,000 RSUs. These transactions reflect equity compensation events rather than open-market buying or selling of stock.

How many Forrester (FORR) shares were withheld for taxes in this Form 4?

The company withheld 2,855 Forrester common shares to satisfy tax withholding obligations arising from RSU vesting on April 1, 2026. This tax settlement method is mechanical and does not represent an open-market sale decision by the executive.

How many Forrester (FORR) common shares does the CTO hold after these transactions?

After the reported transactions, Michael Facemire directly holds 6,606 shares of Forrester common stock. This figure reflects RSU conversions into shares and the share withholding for taxes disclosed for the April 1, 2026 vesting event.

What new restricted stock unit grant did Forrester (FORR) award to its CTO?

On April 1, 2026, Forrester granted Michael Facemire 25,000 restricted stock units. Each RSU represents the right to receive one share of Forrester common stock after it vests in scheduled installments starting one year after the grant date.

Are the reported Forrester (FORR) insider transactions open-market trades?

The reported transactions are not open-market trades. They consist of RSUs vesting into 5,994 shares, 2,855 shares withheld to cover tax liabilities, and a 25,000-RSU grant, all related to equity compensation arrangements rather than discretionary stock purchases or sales.