Forrester (NASDAQ: FORR) CFO logs RSU vesting and share withholding for taxes
Rhea-AI Filing Summary
Forrester Research Chief Financial Officer Leo Christian Finn reported several equity transactions dated March 1, 2026. He acquired common stock through the vesting and conversion of restricted stock units, which the company notes convert into one share of common stock each.
The transactions include the exercise or conversion of restricted stock units into 6,266 shares of common stock, reflecting vesting from awards originally granted on March 1, 2022 and March 1, 2023 that vest in four equal annual installments. After these conversions, he directly owned 33,518 shares of common stock before tax withholding.
To satisfy tax withholding obligations arising from the vesting on March 1, 2026, 2,170 shares of common stock were withheld by Forrester Research at a price of $5.98 per share. Following this tax-withholding disposition, Finn directly held 31,348 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,483 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,783 | $0.00 | -- |
| Exercise | Common Stock | 6,266 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,170 | $5.98 | $13K |
Footnotes (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 March 1, 2026 of the restricted stock units awarded to the reporting person on March 1, 2022 and March 1, 2023. 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 is the equivalent of one share of Forrester Research, Inc. common stock. On March 1, 2022, the reporting person was granted 9,934 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 March 1, 2023, the reporting person was granted 15,133 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.