Forrester Research (FORR) CTO reports RSU vesting and tax-share withholding
Rhea-AI Filing Summary
FORRESTER RESEARCH, INC. Chief Technology Officer Michael Facemire reported RSU vesting on August 1, 2026. 2,605 shares of common stock were issued upon conversion of previously granted Restricted Stock Units, and 1,102 shares were withheld at $11.50 per share to cover tax obligations.
The RSUs relate to grants of 2,536 units awarded August 1, 2023 and 7,882 units awarded August 1, 2024, each vesting in four equal annual installments. The transactions are not reported as occurring under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,503 shares
Net Buy
4 txns
Insider
Facemire Michael
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 634 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 1,971 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,605 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,102 | $11.50 | $13K |
Holdings After Transaction:
Restricted Stock Units — 4,574 shares (Direct);
Common Stock — 8,109 shares (Direct)
Footnotes (5)
- F1. Represents the conversion, upon vesting, of restricted stock units into common stock.
- F2. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on August 1, 2026 of the restricted stock units awarded to the reporting person on August 1, 2023 and August 1, 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.
- F3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- F4. On August 1, 2023, the reporting person was granted 2,536 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.
- F5. On August 1, 2024, the reporting person was granted 7,882 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.
Key Figures
RSU vesting shares: 2,605 shares of common stock
Shares withheld for taxes: 1,102 shares
Tax withholding price: $11.50 per share
+2 more
5 metrics
RSU vesting shares
2,605 shares of common stock
Shares issued to the CTO upon RSU conversion on August 1, 2026
Shares withheld for taxes
1,102 shares
Common shares withheld to satisfy tax withholding obligations at vesting
Tax withholding price
$11.50 per share
Per-share value applied to the 1,102 withheld shares used for tax obligations
2023 RSU grant size
2,536 Restricted Stock Units
RSUs granted August 1, 2023, vesting in four equal annual installments
2024 RSU grant size
7,882 Restricted Stock Units
RSUs granted August 1, 2024, vesting in four equal annual installments
Key Terms
Restricted Stock Units, tax withholding obligations, vest and convert into common stock
3 terms
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.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
vest and convert into common stock financial
"Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Michael Facemire report for FORR?
Michael Facemire reported RSU vesting that delivered 2,605 shares of Forrester Research common stock on August 1, 2026. Of these, 1,102 shares were withheld to satisfy tax obligations, leaving the remaining shares from the vested RSUs credited to his direct ownership.
Which RSU grants to the FORR CTO are linked to the August 1, 2026 vesting?
The vesting is tied to 2,536 Restricted Stock Units granted on August 1, 2023 and 7,882 Restricted Stock Units granted on August 1, 2024. Both grants vest and convert into common stock in four equal, consecutive annual installments beginning on each grant’s first anniversary.
Is Michael Facemire’s FORR transaction reported under a Rule 10b5-1 plan?
The report does not classify these transactions as made under a Rule 10b5-1 trading plan. They reflect scheduled vesting and tax withholding related to Restricted Stock Units granted in 2023 and 2024, which convert into common stock according to their stated vesting schedules.
What is the vesting structure of the FORR CTO’s RSU awards mentioned here?
The awards of 2,536 RSUs (granted August 1, 2023) and 7,882 RSUs (granted August 1, 2024) each vest in four equal, consecutive annual installments. After vesting, each Restricted Stock Unit converts into one share of Forrester Research common stock, increasing the executive’s stock holdings.