Forrester CSO has 552 RSUs vest, 257 withheld
Forrester Research’s Chief Sales Officer realized 552 vested RSUs, with 257 shares withheld to cover related tax obligations.
Rhea-AI Filing Summary
FORRESTER RESEARCH, INC. (FORR) reported that Chief Sales Officer Christophe Favre had 552 Restricted Stock Units vest and convert into 552 shares of common stock on September 1, 2026. To satisfy tax withholding obligations related to this vesting, 257 of those shares were withheld by the company at a price of $12.23 per share, with the remaining shares retained as directly owned common stock. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
552 shares exercised/converted
Exercise
3 txns
Insider
Favre Christophe
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 552 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 552 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 257 | $12.23 | $3K |
Holdings After Transaction:
Restricted Stock Units — 552 contracts (Direct);
Common Stock — 14,366 shares (Direct)
Footnotes (4)
- 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 September 1, 2026 of the restricted stock units awarded to the reporting person on September 1, 2023. 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.
- F3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- F4. On September 1, 2023, the reporting person was granted 2,210 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
RSUs converted: 552 units
Shares withheld for taxes: 257 shares
Withholding price: $12.23 per share
+2 more
5 metrics
RSUs converted
552 units
Restricted Stock Units vested and converted into common stock on September 1, 2026
Shares withheld for taxes
257 shares
Common shares withheld by issuer to satisfy tax withholding on RSU vesting
Withholding price
$12.23 per share
Price applied to 257 withheld common shares for tax withholding
Original RSU grant
2,210 units
RSUs granted on September 1, 2023, vesting in four equal annual installments
RSU-to-share conversion ratio
1:1
Each Restricted Stock Unit represents the right to receive one common share upon vesting
Key Terms
Restricted Stock Units, tax withholding obligations, vesting, withheld by the Issuer
4 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
"shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
vesting financial
"vest and convert into common stock in four equal and consecutive installments"
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.
withheld by the Issuer financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations"
FAQ
What insider transaction did FORR disclose for Chief Sales Officer Christophe Favre?
FORR disclosed that Christophe Favre had 552 RSUs vest and convert into 552 common shares on September 1, 2026, with part of the resulting stock withheld to cover tax obligations.
What RSU award is referenced in Forrester Research (FORR) Chief Sales Officer’s Form 4?
The filing states that on September 1, 2023, the reporting person was granted 2,210 Restricted Stock Units, vesting and converting into common stock in four equal consecutive installments beginning on the first anniversary of the grant date.
Does the Forrester Research (FORR) Form 4 indicate a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these RSU vesting and tax-withholding transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.