Form 4: Forrester Research CBTO Steven P. Peltzman Reports Stock Transactions
SEC Form 4 Filing
Steven P. Peltzman, CBTO of Forrester Research, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On August 1, 2024, Steven P. Peltzman, CBTO of Forrester Research, had restricted stock units vest into common stock.
- The vesting resulted in the acquisition of 3,425 shares of common stock.
- Forrester Research withheld 1,379 shares to cover tax obligations at a price of $19.03 per share.
- Following these transactions, Peltzman directly owns 21,067 shares of Forrester Research common stock and 1,514 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate a significant positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting.
Key Dates
| Date | Description |
|---|---|
| 08/03/2020 | Reporting person was granted 7,641 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2021, August 1, 2022, August 1, 2023 and August 1, 2024. |
| 08/02/2021 | Reporting person was granted 6,059 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2022, August 1, 2023, August 1, 2024 and August 1, 2025. |
| 08/01/2024 | Restricted stock units vested and converted into common stock; shares withheld for tax obligations. |
| 08/05/2024 | Date of the report filing. |
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