Form 4: Forrester Research CFO Leo Christian Finn Reports Acquisition of 24,003 Restricted Stock Units

Leo Christian Finn, CFO of Forrester Research, reports the acquisition of 24,003 Restricted Stock Units (RSUs) on April 1, 2024, according to a Form 4 filing with the SEC.

Summary

• Leo Christian Finn, the Chief Financial Officer of Forrester Research, Inc., filed a Form 4 with the SEC.
• The filing reports that on April 1, 2024, Finn was granted 24,003 Restricted Stock Units (RSUs).
• These RSUs vest in four equal and consecutive installments, starting on the first anniversary of the grant date.
• Each RSU represents the right to receive one share of Forrester Research, Inc. common stock upon vesting.
• Following the reported transaction, Finn directly owns 24,003 derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating an increase in the CFO's stake in the company, which is generally viewed neutrally to slightly positive.

Future Outlook

The RSUs vest in four equal installments beginning one year from the grant date, suggesting a multi-year incentive structure for the CFO.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates the CFO's increased stake in the company, aligning his interests with those of shareholders.

Stakeholder Impact

• The grant of RSUs aligns the CFO's interests with those of shareholders, incentivizing him to drive long-term value creation.

Key Dates