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  4. [Form 4] FORRESTER RESEARCH, INC. Insider Trading Activity

Forrester Research (FORR) CMO awarded 25,000 RSUs as prior grants vest

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

Rhea-AI Filing Summary

Forrester Research Chief Marketing Officer Andrew Cox reported compensation-related equity activity. On April 1, 2026, 1,816 shares of common stock were issued upon vesting and conversion of previously granted restricted stock units, with 723 shares withheld at $5.39 per share to cover tax obligations.

On the same date, he received a new grant of 25,000 restricted stock units, each representing one future share of common stock, scheduled to vest in four equal annual installments beginning on the first anniversary of the grant. Following these transactions, Cox directly owned 2,777 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Cox Andrew
Role Chief Marketing Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 480 $0.00 --
Exercise Restricted Stock Units 1,336 $0.00 --
Grant/Award Restricted Stock Units 25,000 $0.00 --
Exercise Common Stock 1,816 $0.00 --
Tax Withholding Common Stock 723 $5.39 $4K
Holdings After Transaction: Restricted Stock Units — 960 shares (Direct); Common Stock — 3,500 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, 205. 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 1,920 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 5,341 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 25,000 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 25,000 restricted stock units Granted on April 1, 2026, vesting in four equal annual installments
RSUs vested into stock 1,816 shares of common stock Shares issued upon RSU vesting and conversion on April 1, 2026
Shares withheld for taxes 723 shares at $5.39 per share Withheld to satisfy tax withholding obligations on April 1, 2026
Post-transaction holdings 2,777 common shares Direct ownership after vesting and tax withholding transactions
2024 RSU award 1,920 restricted stock units Granted April 1, 2024, vesting in four equal annual installments
2025 RSU award 5,341 restricted stock units Granted April 1, 2025, vesting in four equal annual installments
Restricted Stock Units financial
"Each Restricted Stock Unit represents the right to receive, following vesting, one share"
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.
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.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
grant financial
"the reporting person was granted 25,000 Restricted Stock Units that vest and convert"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
Cox Andrew
(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 Marketing 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)1,816A$03,500D
Common Stock04/01/2026F723(2)D$5.392,777D
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)04/01/2026M480 (4) (4)Common Stock480$0960D
Restricted Stock Units$0(3)04/01/2026M1,336 (5) (5)Common Stock1,336$04,005D
Restricted Stock Units$0(3)04/01/2026A25,000 (6) (6)Common Stock25,000$025,000D
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, 205. 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 1,920 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 5,341 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 25,000 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 Andrew Cox04/02/2026
** 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 insider transactions did FORR executive Andrew Cox report on April 1, 2026?

Andrew Cox reported RSU vesting into 1,816 Forrester Research common shares and a new grant of 25,000 restricted stock units. A portion of the vested shares was withheld to cover tax obligations associated with these equity awards.

How many Forrester Research (FORR) shares does Andrew Cox hold after these Form 4 transactions?

After the reported transactions, Andrew Cox directly owns 2,777 shares of Forrester Research common stock. This reflects RSU vesting into common shares, net of shares withheld by the company to satisfy related tax withholding obligations.

What is the size and vesting schedule of Andrew Cox’s new FORR restricted stock unit grant?

Andrew Cox received a grant of 25,000 restricted stock units from Forrester Research on April 1, 2026. These RSUs vest and convert into common stock in four equal, consecutive annual installments beginning on the first anniversary of the grant date.

Why were 723 Forrester Research shares withheld in Andrew Cox’s Form 4 filing?

The 723 Forrester Research shares were withheld by the issuer to satisfy tax withholding obligations tied to RSU vesting on April 1, 2026. This is a tax-withholding disposition, not an open-market sale, and is part of the award’s terms.

What earlier RSU awards to Andrew Cox are referenced in the FORR Form 4 footnotes?

Footnotes state Andrew Cox was granted 1,920 RSUs on April 1, 2024 and 5,341 RSUs on April 1, 2025. Each award vests and converts into common stock in four equal annual installments starting on the first anniversary of its respective grant date.

Do Andrew Cox’s FORR Form 4 transactions indicate open-market buying or selling?

The Form 4 shows RSU grants, vesting-related conversions to common stock, and shares withheld for taxes. It does not report open-market purchases or sales; the transactions are compensation-related rather than discretionary trades in the open market.