Form 4: Forrester Research CFO Leo Christian Finn Reports Stock Transactions
SEC Form 4 Filing
Leo Christian Finn, CFO of Forrester Research, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2025, Leo Christian Finn, the CFO of Forrester Research, had restricted stock units vest and convert into common stock.
- A total of 6,266 restricted stock units vested.
- 2,985 shares were withheld by Forrester Research to cover tax obligations related to the vesting.
- Following these transactions, Finn directly owns 19,931 shares of Forrester Research common stock and 7,567 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's compensation includes stock-based awards.
Comparison to Industry Standards
- Stock-based compensation is a common practice among publicly traded companies to align the interests of executives with those of shareholders.
- The vesting schedule of the restricted stock units (four equal installments beginning on the first anniversary of the grant date) is a typical vesting structure.
- Tax withholding upon vesting is a standard procedure.
Stakeholder Impact
- The vesting of restricted stock units dilutes existing shareholders' equity, although the impact is likely minimal given the size of the transaction relative to the company's overall market capitalization.
- The CFO's actions are in line with their compensation package.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting person was granted 9,934 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. |
| 03/01/2023 | Reporting person was granted 15,133 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. |
| 03/01/2025 | Restricted stock units vested and converted into common stock; tax withholding occurred. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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