Forrester CAO reports RSU vesting and tax shares
Forrester Research Chief Accounting Officer Scott Chouinard reported routine equity compensation activity involving restricted stock units and common stock.
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Form Type
4
Rhea-AI Filing Summary
Forrester Research Chief Accounting Officer Scott Chouinard reported routine equity compensation activity involving restricted stock units and common stock. On April 1, 2026, restricted stock units covering 1,440 and 3,205 shares vested and converted into the same number of common shares. Following these conversions, 4,645 common shares were acquired, and 1,608 shares were withheld by the company to cover tax obligations tied to the vesting. After these transactions, Chouinard directly held 14,610 common shares, with an additional 2,529 shares held indirectly by his spouse.
Insider Trade Summary
4,645 shares exercised/converted
Exercise
4 txns
Insider
Chouinard Scott
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,440 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,205 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,645 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,608 | $5.39 | $9K |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,495 contracts (Direct);
Common Stock — 14,610 shares (Direct);
Common Stock — 2,529 shares (Indirect, By spouse)
Footnotes (5)
- F1. Represents the conversion, upon vesting, of restricted stock units into common stock.
- F2. 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.
- F3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- F4. On April 1, 2024, the reporting person was granted 5,760 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.
- F5. On April 1, 2025, the reporting person was granted 12,820 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.
Key Figures
RSU conversion 1: 1,440 shares
RSU conversion 2: 3,205 shares
Common shares from RSU vesting: 4,645 shares
+5 more
8 metrics
RSU conversion 1
1,440 shares
Restricted stock units converted to common stock on April 1, 2026
RSU conversion 2
3,205 shares
Restricted stock units converted to common stock on April 1, 2026
Common shares from RSU vesting
4,645 shares
Total common stock acquired via RSU vesting on April 1, 2026
Shares withheld for taxes
1,608 shares
Common stock withheld to satisfy tax obligations at $5.3900 per share
Direct holdings after transactions
14,610 shares
Common stock directly owned after April 1, 2026 transactions
Indirect spouse holdings
2,529 shares
Common stock held indirectly by spouse after reported transactions
RSU grant 2024
5,760 units
Restricted stock units granted April 1, 2024, vesting in four annual installments
RSU grant 2025
12,820 units
Restricted stock units granted April 1, 2025, vesting in four annual installments
Key Terms
Restricted Stock Units, tax withholding obligations, vest and convert into common stock, indirect ownership, +1 more
5 terms
Restricted Stock Units financial
"Represents the conversion, upon vesting, of restricted stock units into 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.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on April 1, 2026"
vest and convert into common stock financial
"Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments"
indirect ownership financial
"Common Stock ... total_shares_following_transaction 2529.0000 ... nature_of_ownership By spouse"
tax-withholding disposition financial
"transaction_action tax-withholding disposition ... transaction_code_description Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FORR executive Scott Chouinard report on this Form 4?
Scott Chouinard reported the vesting and conversion of restricted stock units into 4,645 common shares, along with 1,608 shares withheld to cover tax obligations. These transactions reflect routine equity compensation rather than open-market buying or selling.
What RSU grants to Scott Chouinard are referenced in this FORR Form 4?
The filing references 5,760 restricted stock units granted on April 1, 2024 and 12,820 units granted on April 1, 2025. Both grants vest and convert into common stock in four equal annual installments beginning on the first anniversary of each respective grant date.
What does each restricted stock unit (RSU) represent for Forrester Research (FORR)?
Each restricted stock unit represents the right to receive one share of Forrester Research common stock after vesting. Once vesting conditions are met, the units convert into common shares, as described directly in the filing’s footnotes for these awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
