Forrester (NASDAQ: FORR) director granted 8,000 RSUs vesting by 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Forrester Research director Cory Munchbach received a grant of 8,000 Restricted Stock Units (RSUs) on May 12, 2026 under the company’s equity incentive plan. These RSUs convert into one share each as they vest in four equal installments through June 1, 2027. After this award, Munchbach holds 22,737 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Munchbach Cory

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,000	$0.00	--

Holdings After Transaction: Common Stock — 22,737 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 8,000 units Grant price per share: $0.00 per share Post-grant holdings: 22,737 shares +4 more

7 metrics

RSU grant size 8,000 units Restricted Stock Units awarded on May 12, 2026

Grant price per share $0.00 per share Compensation award, not open-market purchase

Post-grant holdings 22,737 shares Total common shares held after the transaction

First vesting date September 1, 2026 First of four RSU vesting installments

Second vesting date December 1, 2026 Second RSU vesting tranche

Third vesting date March 1, 2027 Third RSU vesting tranche

Final vesting date June 1, 2027 Final RSU tranche vests and converts

Key Terms

Restricted Stock Units, Amended and Restated Equity Incentive Plan, vest, convert into common stock

4 terms

Restricted Stock Units financial

"The securities awarded on May 12, 2026 are in the form of Restricted Stock Units issued pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan"

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.

Amended and Restated Equity Incentive Plan financial

"Restricted Stock Units issued pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan"

vest financial

"The Restricted Stock Units will vest and convert into common stock in four equal and consecutive installments."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

convert into common stock financial

"The Restricted Stock Units will vest and convert into common stock in four equal and consecutive installments."

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 02:06 PM

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^*

Munchbach Cory

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2026		A		8,000⁽¹⁾	A	$0	22,737	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The securities awarded on May 12, 2026 are in the form of Restricted Stock Units issued pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan that entitle the reporting person, upon vesting, to receive one share of common stock per Restricted Stock Unit. The Restricted Stock Units will vest and convert into common stock in four equal and consecutive installments. The first tranche will vest on September 1, 2026, with an equal number of shares vesting on each of December 1, 2026 and March 1, 2027, and the balance of the shares vesting on June 1, 2027.

	Maite Garcia, attorney-in-fact for Cory Munchbach	05/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did FORR director Cory Munchbach report?

Cory Munchbach reported an acquisition of 8,000 Restricted Stock Units, a stock-based compensation award. Each RSU converts into one share of Forrester Research common stock as it vests over time, rather than being an open-market purchase.

How many FORR shares does Cory Munchbach hold after this RSU grant?

Following the 8,000 RSU grant, Cory Munchbach is reported to hold 22,737 shares of Forrester Research common stock directly. This figure reflects ownership after the reported award and provides context for the scale of the compensation-related grant.

How do the 8,000 RSUs for FORR vest over time?

The 8,000 Restricted Stock Units vest in four equal, consecutive installments. Vesting dates are September 1, 2026, December 1, 2026, March 1, 2027, and June 1, 2027, with each tranche converting into common stock as it vests.

Are the 8,000 FORR RSUs an open-market stock purchase?

No, the 8,000 FORR RSUs are a stock-based compensation award, not an open-market purchase. They were granted at no cash cost per share and convert into common stock only as the specified vesting dates are reached.

Under what plan were Cory Munchbach’s FORR RSUs granted?

The RSUs were awarded under the Forrester Research, Inc. Amended and Restated Equity Incentive Plan. This plan authorizes stock-based awards like Restricted Stock Units to directors, executives, and employees as part of their overall compensation packages.