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Forrester (NASDAQ: FORR) CFO receives 50,000 RSUs, shares withheld for tax

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

Rhea-AI Filing Summary

Forrester Research Chief Financial Officer Leo Christian Finn reported equity compensation activity tied to restricted stock units and their vesting. On April 1, 2026, he was granted 50,000 Restricted Stock Units, each representing the right to receive one share of common stock after vesting.

On the same date, previously granted Restricted Stock Units vested and converted into common stock, including 6,001 units from an April 1, 2024 grant and 2,446 units from an April 1, 2025 grant. As these awards vested, 14,335 shares of common stock were acquired. The company withheld 4,207 shares at a price of $5.39 per share to satisfy tax withholding obligations. After these transactions, Finn directly held 41,476 shares of common stock and 50,000 Restricted Stock Units.

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Insider Finn Leo Christian
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 6,001 $0.00 --
Exercise Restricted Stock Units 2,446 $0.00 --
Grant/Award Restricted Stock Units 50,000 $0.00 --
Exercise Common Stock 14,335 $0.00 --
Tax Withholding Common Stock 4,207 $5.39 $23K
Holdings After Transaction: Restricted Stock Units — 12,001 shares (Direct); Common Stock — 45,683 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 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 represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock. On April 1, 2024, the reporting person was granted 24,003 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 33,333 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 50,000 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.
New RSU grant 50,000 Restricted Stock Units Granted on April 1, 2026, vesting in four equal annual installments
2024 RSU grant size 24,003 Restricted Stock Units Granted on April 1, 2024, vesting in four equal annual installments
2025 RSU grant size 33,333 Restricted Stock Units Granted on April 1, 2025, vesting in four equal annual installments
RSUs converted 6,001 units Restricted Stock Units converting into common stock on April 1, 2026
Additional RSUs converted 2,446 units Restricted Stock Units converting into common stock on April 1, 2026
Common shares acquired 14,335 shares Common stock acquired via exercise or conversion of restricted stock units
Shares withheld for taxes 4,207 shares at $5.39 Common stock withheld to satisfy tax withholding obligations on April 1, 2026
Common shares held after 41,476 shares Direct common stock holdings following reported transactions
Restricted Stock Units financial
"On April 1, 2026, the reporting person was granted 50,000 Restricted Stock Units..."
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.
vest and convert financial
"Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments..."
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting..."
grant, award, or other acquisition financial
"Transaction code description: Grant, award, or other acquisition"
exercise or conversion of derivative security financial
"Transaction code description: Exercise or conversion of derivative security"
Form 4 Insider Transactions: What Each Field Means →
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*
Finn Leo Christian
(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 Financial 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)14,335A$045,683D
Common Stock04/01/2026F4,207(2)D$5.3941,476D
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)04/01/2026M6,001 (4) (4)Common Stock6,001$012,001D
Restricted Stock Units$0(3)04/01/2026M2,446 (5) (5)Common Stock2,446$024,999D
Restricted Stock Units$0(3)04/01/2026A50,000 (6) (6)Common Stock50,000$050,000D
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 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 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 24,003 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 33,333 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 50,000 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 Leo Christian Finn04/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did FORR’s CFO report in this Form 4 filing?

The CFO reported equity compensation activity, including new Restricted Stock Units and vested units converting into common stock. The filing also shows shares withheld by Forrester Research to cover tax obligations tied to these vesting events.

How many new Restricted Stock Units did FORR’s CFO receive?

The CFO received a grant of 50,000 Restricted Stock Units. Each unit represents the right to receive one share of Forrester Research common stock, vesting in four equal annual installments starting on the first anniversary of the April 1, 2026 grant date.

Which earlier FORR RSU awards vested in this transaction?

Portions of earlier awards vested, including 24,003 Restricted Stock Units granted on April 1, 2024 and 33,333 Restricted Stock Units granted on April 1, 2025. The filing notes that these RSUs vest and convert into common stock in four equal annual installments.

How many FORR common shares were acquired through RSU vesting?

The filing shows 14,335 shares of Forrester Research common stock acquired through the exercise or conversion of Restricted Stock Units. These share issuances reflect RSUs that vested and automatically converted into common stock on April 1, 2026.

How many FORR shares were withheld to cover the CFO’s taxes?

Forrester Research withheld 4,207 shares of common stock at $5.39 per share. These shares were retained by the company to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units granted in 2024 and 2025.

What are the CFO’s FORR holdings after these transactions?

After the reported transactions, the CFO directly held 41,476 shares of Forrester Research common stock. He also held 50,000 Restricted Stock Units from the April 1, 2026 grant, which will vest and convert into common stock over four annual installments.