Forrester Research (FORR) CPO RSUs vest with 1,441 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORRESTER RESEARCH, INC. Chief People Officer Jobina Gonsalves reported routine equity compensation activity tied to restricted stock units. On June 1, 2026, 4,913 Restricted Stock Units vested and converted into an equal number of common shares. The company withheld 1,441 common shares to cover tax withholding obligations related to this vesting, a non-market disposition. Following these transactions, Gonsalves directly holds 11,671 shares of common stock. The RSUs were part of a 19,651-unit grant awarded on June 3, 2024 that vests in four equal annual installments through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,913 shares exercised/converted
Mixed
3 txns
Insider
Gonsalves Jobina
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,913 | $0.00 | -- |
| Exercise | Common Stock | 4,913 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,441 | $7.22 | $10K |
Holdings After Transaction:
Restricted Stock Units — 9,825 shares (Direct, null);
Common Stock — 11,671 shares (Direct, null)
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 June 1, 2026 of the restricted stock units awarded to the reporting person on June 3, 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 represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock. On June 3, 2024, the reporting person was granted 19,651 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on June 1, 2025, June 1, 2026, June 1, 2027 and June 1, 2028.
Key Figures
RSUs vested: 4,913 units
Shares withheld for tax: 1,441 shares
Shares held after transactions: 11,671 shares
+2 more
5 metrics
RSUs vested
4,913 units
Restricted Stock Units converted into common stock on June 1, 2026
Shares withheld for tax
1,441 shares
Common shares withheld to satisfy tax obligations on RSU vesting
Shares held after transactions
11,671 shares
Direct common stock ownership following June 1, 2026 transactions
Original RSU grant size
19,651 units
RSUs granted on June 3, 2024 vesting in four annual installments
Tax-withholding transaction value
$7.22 per share
Price per share used for 1,441-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, vesting
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
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.
FAQ
What insider transaction did FORR Chief People Officer Jobina Gonsalves report?
Jobina Gonsalves reported RSU vesting and related tax withholding. On June 1, 2026, 4,913 Restricted Stock Units vested into common stock, and 1,441 shares were withheld by Forrester Research to satisfy tax obligations, leaving her with 11,671 common shares.
How many FORR restricted stock units vested for Jobina Gonsalves on June 1, 2026?
On June 1, 2026, 4,913 Restricted Stock Units vested for Jobina Gonsalves. Each unit converted into one share of Forrester Research common stock, consistent with the award’s terms described in the footnotes to the Form 4 insider filing.
What are the vesting terms of Jobina Gonsalves’s FORR RSU grant from June 3, 2024?
The June 3, 2024 grant comprised 19,651 Restricted Stock Units. These RSUs vest and convert into common stock in four equal installments on June 1, 2025, June 1, 2026, June 1, 2027, and June 1, 2028, as stated in the Form 4 footnotes.
Is Jobina Gonsalves’s FORR Form 4 transaction an open-market stock sale?
No, the Form 4 reflects RSU vesting and tax withholding, not an open-market sale. Shares were converted from RSUs and a portion was withheld by Forrester Research to cover taxes, a common equity-compensation mechanism for executives.