Forrester (NASDAQ: FORR) CMO reports RSU vesting and tax share withholding

Rhea-AI Filing Summary

FORRESTER RESEARCH, INC. Chief Marketing Officer Andrew Cox reported routine equity activity tied to previously granted restricted stock units. On March 1, 2026, 190 restricted stock units vested and converted into 190 shares of common stock, consistent with a 2022 grant that vests in four equal annual installments.

To cover tax withholding on this vesting, 75 common shares were withheld by the company at a price of $5.98 per share. After these transactions, Cox directly owned 1,684 shares of Forrester common stock, reflecting the net result of the RSU conversion and tax-withholding disposition.

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

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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^*

Cox Andrew

(Last) (First) (Middle)

C/O FORRESTER RESEARCH, INC.

60 ACORN PARK DRIVE

(Street)

CAMBRIDGE 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 Marketing 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)		190	A	$0	1,759	D
Common Stock	03/01/2026		F		75(2)	D	$5.98	1,684	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			190	(4)	(4)	Common Stock	190	$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 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 762 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 Andrew Cox	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Forrester Research (FORR) disclose for Andrew Cox?

Forrester Research reported that Chief Marketing Officer Andrew Cox had 190 restricted stock units vest and convert into common shares, with 75 shares withheld to cover tax obligations related to the vesting on March 1, 2026, under a 2022 RSU grant.

How many Forrester (FORR) shares did Andrew Cox receive from RSU vesting?

Andrew Cox had 190 restricted stock units vest and convert into 190 shares of Forrester common stock. These units were part of a 762-unit award granted on March 1, 2022, scheduled to vest in four equal annual installments.

Why were some Forrester (FORR) shares disposed of in Andrew Cox’s Form 4?

The Form 4 shows a disposition of 75 Forrester common shares solely to satisfy tax withholding obligations from the March 1, 2026 vesting. The issuer withheld these shares at $5.98 per share as permitted by the original restricted stock unit award terms.

What is the structure of Andrew Cox’s 2022 restricted stock unit grant at Forrester (FORR)?

On March 1, 2022, Andrew Cox received 762 restricted stock units that vest and convert into Forrester common stock in four equal, consecutive installments. The first vesting occurs on the first anniversary of the grant date, with subsequent annual vesting events following.

How many Forrester (FORR) shares does Andrew Cox own after these transactions?

Following the March 1, 2026 transactions, Andrew Cox directly owned 1,684 shares of Forrester common stock. This balance reflects the 190 shares received from restricted stock unit conversion, less 75 shares withheld by the company to cover associated tax withholding obligations.

What does one restricted stock unit represent in Forrester (FORR) equity awards?

Each Forrester restricted stock unit represents the equivalent of one share of common stock upon vesting. When the units vest, they convert into an equal number of common shares, subject to any shares withheld by the issuer for tax withholding requirements under the award terms.