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Forrester (NASDAQ: FORR) CSO gets 30,000 RSUs and has shares withheld for taxes

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

Rhea-AI Filing Summary

FORRESTER RESEARCH, INC. Chief Sales Officer Christophe Favre reported equity award and vesting activity. On March 1, 2026, he was granted 30,000 Restricted Stock Units, each equivalent to one share of common stock, which vest in four equal annual installments beginning on the first anniversary of the grant date.

On March 1, 2026, 408 Restricted Stock Units from a prior 1,633-unit grant dated March 1, 2022 vested and converted into 408 shares of common stock. To cover tax withholding obligations related to this vesting, 196 shares of common stock were withheld by the company at $5.98 per share. Following these transactions, Favre directly held 12,093 shares of common stock and 30,000 Restricted Stock Units.

Positive

  • None.

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  • None.
Insider Favre Christophe
Role Chief Sales Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 30,000 $0.00 $0.00
Exercise Restricted Stock Units 408 $0.00 $0.00
Exercise Common Stock 408 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 196 $5.98 $1K
Holdings After Transaction: Restricted Stock Units — 30,000 shares (Direct); Common Stock — 12,093 shares (Direct)
Footnotes (5)
  1. F1. Represents the conversion, upon vesting, of restricted stock units into common stock.
  2. F2. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on March 1, 2026 of the restricted stock units awarded to the reporting person on March 1, 2022. 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. F3. Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
  4. F4. On March 1, 2022, the reporting person was granted 1633 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. F5. On March 1, 2026, the reporting person was granted 30,000 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.

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FAQ

What equity award did FORR Chief Sales Officer Christophe Favre receive?
Christophe Favre received a grant of 30,000 Restricted Stock Units on March 1, 2026. Each unit equals one share of Forrester common stock and vests in four equal annual installments beginning on the first anniversary of the grant date.

How do Christophe Favres new Restricted Stock Units at FORR vest?
The 30,000 Restricted Stock Units granted to Christophe Favre vest in four equal, consecutive annual installments. Vesting begins on the first anniversary of the March 1, 2026 grant date, with each installment then converting into Forrester common stock on the applicable vesting dates.

What happened to Christophe Favres earlier 1,633 FORR RSU grant?
On March 1, 2026, 408 Restricted Stock Units from Favres March 1, 2022 grant of 1,633 RSUs vested. Those units converted into 408 shares of Forrester common stock as part of a four-year vesting schedule that began on the first anniversary of the original grant.

Why were 196 FORR shares withheld from Christophe Favre on March 1, 2026?
196 shares of Forrester common stock were withheld to satisfy Favres tax withholding obligations on vested RSUs. The company withheld these shares at $5.98 per share in connection with the March 1, 2026 vesting of his March 1, 2022 RSU award.

How many FORR shares does Christophe Favre own after these transactions?
After the March 1, 2026 vesting and tax withholding, Christophe Favre directly held 12,093 shares of Forrester common stock. He also held 30,000 Restricted Stock Units, which are scheduled to vest and convert into common stock in four equal annual installments.

Did Christophe Favre make any open-market purchases or sales of FORR stock?
The filing shows no open-market purchases or sales. Activity consists of RSU vesting, conversion into common shares, an RSU grant, and 196 shares withheld by Forrester to cover tax obligations, rather than discretionary buying or selling in the market.
SEC Form 4
FORM 4 UNITED 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*
Favre Christophe
(Last) (First) (Middle)
C/O FORRESTER RESEARCH, INC.
60 ACORN PARK DRIVE
(Street)
CAMBRIDGE MA 02140
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FORRESTER RESEARCH, INC. [ FORR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Sales Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 M(1) 408 A $0 12,289 D
Common Stock 03/01/2026 F 196(2) D $5.98 12,093 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(3) 03/01/2026 M 408 (4) (4) Common Stock 408 $0 0 D
Restricted Stock Units $0 03/02/2026 A 30,000 (5) (5) Common Stock 30,000 $0 30,000 D
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 March 1, 2026 of the restricted stock units awarded to the reporting person on March 1, 2022. 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 is the equivalent of one share of Forrester Research, Inc. common stock.
4. On March 1, 2022, the reporting person was granted 1633 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 March 1, 2026, the reporting person was granted 30,000 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 Christophe Favre 03/03/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR