Form 4: Forrester CPO Carrie Johnson's RSU Vesting & Tax Sale
Insider Transaction Report
Forrester Research Chief Product Officer Carrie Johnson reported the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- Carrie Johnson, Chief Product Officer of Forrester Research, Inc. (FORR), reported transactions related to her equity holdings.
- On March 1, 2026, 6,018 shares of common stock were acquired through the vesting of restricted stock units (RSUs).
- These vested shares originated from RSU grants made on March 1, 2022 (2,235 shares) and March 1, 2023 (3,783 shares).
- Concurrently, 2,566 shares of common stock were disposed of at a price of $5.98 per share to satisfy tax withholding obligations related to the RSU vesting.
- Following these transactions, Carrie Johnson beneficially owns 31,427 shares of common stock and 3,784 restricted stock units.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting the routine vesting of executive compensation and continued alignment of executive interests with shareholders, despite a portion being sold for tax purposes.
Positives
- Vesting of 6,018 restricted stock units indicates continued long-term incentive compensation for a key executive.
- The executive's beneficial ownership of common stock remains substantial at 31,427 shares, aligning her interests with shareholders.
Negatives
- A portion of the vested shares (2,566 shares) was sold to cover tax liabilities, which is a common practice but reduces direct equity ownership.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that these transactions are routine insider filings related to executive compensation and do not provide direct insights into broader industry trends or competitive landscape for Forrester Research. They reflect standard equity compensation practices within the technology and research sectors.
Stakeholder Impact
- Shareholders: The vesting and partial sale of shares by a Chief Product Officer demonstrates the ongoing operation of executive compensation plans, which can be viewed positively as it aligns executive incentives with shareholder value creation. The reduction in direct ownership due to tax withholding is a standard practice and not indicative of a lack of confidence.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Grant date of 8,940 Restricted Stock Units to Carrie Johnson, vesting in four equal annual installments. |
| 03/01/2023 | Grant date of 15,133 Restricted Stock Units to Carrie Johnson, vesting in four equal annual installments. |
| 03/01/2026 | Vesting date for a portion of Restricted Stock Units and subsequent transactions for Carrie Johnson. |
| 03/03/2026 | Date the Form 4 was signed by Maite Garcia, attorney-in-fact for Carrie Johnson. |
Recommendation
holdThis Form 4 filing details routine executive compensation events (RSU vesting and tax-related sales) and does not present new information that would fundamentally alter the investment thesis for Forrester Research. It confirms the ongoing alignment of executive incentives but offers no fresh insights into operational performance or strategic shifts that would warrant a change in recommendation.
Keywords
Forrester Research, FORR, Carrie Johnson, Chief Product Officer, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Stock Sale, Tax Withholding, Equity Compensation
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