Forrester CAO nets shares from RSU vesting

FORRESTER RESEARCH, INC.

Rhea-AI Filing Summary

FORRESTER RESEARCH, INC. Chief Accounting Officer Scott Chouinard reported equity award activity tied to restricted stock units. On March 1, 2026, 745 restricted stock units vested and converted into 745 shares of common stock, consistent with a grant made on March 1, 2022.

To cover tax withholding on this vesting, the company withheld 258 shares of common stock at a price of $5.98 per share, recorded as a disposition for tax purposes. After these transactions, Chouinard held 11,573 shares of common stock directly, with an additional 2,529 shares reported as indirectly owned by his spouse.

Insider Trade Summary

745 shares exercised/converted

Exercise 4 txns

Insider Chouinard Scott

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	745	$0.00	$0.00
Exercise	Common Stock	745	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	258	$5.98	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 11,573 shares (Direct); Common Stock — 2,529 shares (Indirect, By Spouse)

Footnotes (4)

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 award includes a provision forthe withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award.
3. F3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
4. F4. On March 1, 2022, the reporting person was granted 2,980 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did FORR Chief Accounting Officer report on this Form 4?

The Form 4 shows Scott Chouinard’s restricted stock units vesting into common shares and a related tax withholding. RSUs converted into 745 common shares, and 258 shares were withheld by Forrester to satisfy tax obligations tied to the March 1, 2026 vesting event.

How many Forrester (FORR) shares did the CAO acquire from RSU vesting?

The CAO acquired 745 shares of Forrester common stock through the conversion of restricted stock units. Each RSU represented the right to receive one share upon vesting, as part of a 2,980-unit grant awarded on March 1, 2022 and vesting in four installments.

What tax-related share disposition did Forrester (FORR) report for its CAO?

The filing reports a tax-withholding disposition of 258 shares of Forrester common stock at a price of $5.98 per share. These shares were withheld by the issuer to satisfy tax obligations arising from the March 1, 2026 vesting of the restricted stock unit award.

What is the background of the Forrester (FORR) restricted stock units in this Form 4?

The restricted stock units were granted on March 1, 2022, totaling 2,980 units. They vest and convert into common stock in four equal, consecutive installments, beginning on the first anniversary of the grant date, with each vested unit converting into one share of Forrester common stock.

How many Forrester (FORR) shares does the CAO own directly after these transactions?

After the reported vesting and tax withholding, Scott Chouinard directly owned 11,573 shares of Forrester common stock. The Form 4 also reports an additional 2,529 shares held indirectly, classified as owned by his spouse, reflecting total reported beneficial ownership interests.

What indirect Forrester (FORR) share ownership is reported for the CAO?

The Form 4 lists 2,529 Forrester common shares as indirectly owned by the CAO through his spouse. This line is reported as a holding entry, indicating indirect beneficial ownership, separate from the directly held shares recorded in his own name after the vesting transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/03/2026 - 04:52 PM Learn about SEC filing dates

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^*

Chouinard Scott

(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 Accounting 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)		745	A	$0	11,831	D
Common Stock	03/01/2026		F		258(2)	D	$5.98	11,573	D
Common Stock								2,529	I	By Spouse

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			745	(4)	(4)	Common Stock	745	$0	0	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 award includes a provision forthe withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award.

3. Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.

4. On March 1, 2022, the reporting person was granted 2,980 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 Scott Chouinard	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).
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