Forrester Research (FORR) CTO reports RSU vesting and tax share withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Forrester Research, Inc. Chief Technology Officer Michael Facemire reported routine equity vesting and related tax withholding. On March 1, 2026, restricted stock units (RSUs) vested and converted into 288 shares of common stock, reflecting the conversion of previously granted RSUs.

To cover tax obligations on the vesting, 136 shares of common stock were withheld by Forrester at a price of $5.98 per share, characterized as a tax-withholding disposition. Following these transactions, Facemire directly owned 3,467 shares of Forrester common stock.

Insider Trade Summary

288 shares exercised/converted

Mixed 4 txns

Insider Facemire Michael

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	190	$0.00	--
Exercise	Restricted Stock Units	98	$0.00	--
Exercise	Common Stock	288	$0.00	--
Tax Withholding	Common Stock	136	$5.98	$813.28

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 3,603 shares (Direct)

Footnotes (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 March 1, 2026 of the restricted stock units awarded to the reporting person on March 1, 2022 and March 1, 2024. The awards include a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the awards. Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock. On March 1, 2022, the reporting person was granted 762 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 March 1, 2024, the reporting person was granted 196 Restricted Stock Units that vest and convert into common stock in two equal and consecutive installments beginning on the first anniversary of the grant date.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 04:10 PM

SEC Form 4

FORM 4

UNITED 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
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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

02140

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FORRESTER RESEARCH, INC. [ FORR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/01/2026		M⁽¹⁾		288	A	$0	3,603	D
Common Stock	03/01/2026		F		136⁽²⁾	D	$5.98	3,467	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽³⁾	03/01/2026		M			190	⁽⁴⁾	⁽⁴⁾	Common Stock	190	$0	0	D
Restricted Stock Units	$0⁽³⁾	03/01/2026		M			98	⁽⁵⁾	⁽⁵⁾	Common Stock	98	$0	0	D

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 March 1, 2026 of the restricted stock units awarded to the reporting person on March 1, 2022 and March 1, 2024. The awards include a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the awards.

3. Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.

4. On March 1, 2022, the reporting person was granted 762 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 March 1, 2024, the reporting person was granted 196 Restricted Stock Units that vest and convert into common stock in two equal and consecutive installments beginning on the first anniversary of the grant date.

	Maite Garcia, attorney-in-fact for Michael Facemire	03/03/2026
	** Signature of Reporting Person	Date
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.
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Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Forrester Research (FORR) report for Michael Facemire?

Forrester Research reported that CTO Michael Facemire had restricted stock units vest on March 1, 2026, converting into 288 common shares. The company then withheld 136 shares to satisfy tax obligations tied to those RSU vestings, leaving him with 3,467 directly owned shares.

Did Forrester Research (FORR) CTO Michael Facemire buy or sell shares on the open market?

The transactions did not involve open-market buying or selling. Shares were acquired through the vesting and conversion of restricted stock units and disposed of only via 136 shares withheld by the issuer to cover tax withholding obligations associated with the March 1, 2026 RSU vesting.

How many Forrester Research (FORR) shares did Michael Facemire own after the reported Form 4 transactions?

After the reported transactions, Michael Facemire directly owned 3,467 shares of Forrester Research common stock. This balance reflects RSU conversions into 288 shares on March 1, 2026 and the simultaneous withholding of 136 shares by the company to satisfy related tax liabilities.

What were the details of the restricted stock units for Forrester Research (FORR) CTO Michael Facemire?

Each restricted stock unit equals one share of Forrester common stock. Facemire’s March 1, 2026 vesting related to grants of 762 RSUs from March 1, 2022 and 196 RSUs from March 1, 2024, which vest in scheduled installments and convert into common shares upon vesting.

At what price were Forrester Research (FORR) shares withheld for Michael Facemire’s tax obligations?

Forrester withheld 136 shares of common stock at a price of $5.98 per share to satisfy tax withholding obligations. This withholding occurred in connection with the March 1, 2026 vesting and conversion of restricted stock units previously awarded to Michael Facemire.