Form 4: Forrester Research CEO George Colony Reports Stock Transfers
SEC Filing
George Colony, Chairman and CEO of Forrester Research, reports the transfer of shares to and from grantor retained annuity trusts.
Summary
- George F. Colony, Chairman and CEO of Forrester Research, filed a Form 4 detailing changes in beneficial ownership.
- On March 12, 2024, Mr. Colony transferred 250,000 shares of common stock to grantor retained annuity trusts and received 250,000 shares from grantor retained annuity trusts.
- These transfers were exempt and did not involve a monetary transaction, indicated by a price of $0.00 per share.
- Following these transactions, Mr. Colony directly owns 6,587,597 shares and indirectly owns 501,580 shares through his spouse and 291,234 shares through trusts.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transfers, which carries a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock transfers may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal as the total number of shares held by the CEO remains substantial.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of stock transfer transactions |
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