Form 4: Forrester Research CEO George Colony Reports Stock Transfers

Sentiment:

SEC Form 4 Filing


George Colony, Chairman and CEO of Forrester Research, reports the transfer of shares to grantor retained annuity trusts.

Summary

  • George F. Colony, Chairman and CEO of Forrester Research, filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates the transfer of 250,000 shares of common stock directly from Colony and 250,000 shares to his spouse, both marked as gifts.
  • Following these transactions, Colony directly owns 6,419,019 shares and indirectly owns 751,580 shares through his spouse.
  • Additionally, 209,812 shares are held in trust.
  • The transfers to grantor retained annuity trusts are exempt.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transfers. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

  • The stock transfer may have a minor impact on shareholders due to the change in ownership percentages, but the overall impact is likely minimal as the shares were transferred as gifts.

Key Dates

DateDescription
05/29/2024Date of the stock transfer transactions.
05/31/2024Date of the Form 4 filing.

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