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Forrester Research (FORR) CPO RSUs vest with 1,441 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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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*
Gonsalves Jobina

(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 People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock06/01/2026M(1)4,913A$011,671D
Common Stock06/01/2026F1,441(2)D$7.2210,230D
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)06/01/2026M4,913 (4) (4)Common Stock4,913$09,825D
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 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.
3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
4. 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.
Maite Garcia, attorney-in-fact for Jobina Gonsalves06/02/2026
** 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)

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.

Why were 1,441 FORR shares disposed of in Jobina Gonsalves’s Form 4 filing?

The 1,441 shares were withheld to pay tax withholding obligations on vested RSUs. Forrester Research retained these shares instead of Gonsalves selling stock in the market, making this a tax-withholding disposition rather than an open-market sale.

How many FORR shares does Jobina Gonsalves hold after the June 1, 2026 transactions?

After the reported transactions, Jobina Gonsalves directly holds 11,671 shares of Forrester Research common stock. This figure reflects the RSU conversion and the shares withheld for taxes as disclosed in the Form 4 data fields.

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.