Form 4: Forrester Research Chief Legal Officer Granted 15,602 Restricted Stock Units

Ryan Darrah, Chief Legal Officer of Forrester Research, was granted 15,602 Restricted Stock Units (RSUs) on April 1, 2024, which vest in four equal annual installments.

Summary

• This document is a Form 4 filing with the SEC, reporting a change in beneficial ownership for Ryan Darrah, Chief Legal Officer of Forrester Research, Inc.
• On April 1, 2024, Mr. Darrah was granted 15,602 Restricted Stock Units (RSUs).
• These RSUs will vest and convert into common stock in four equal 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.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing regarding executive compensation. It is neutral in tone and does not contain any information that would significantly impact investor sentiment.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Granting RSUs to executives is a common practice in the industry to incentivize performance and align management's interests with those of shareholders. The specific number of RSUs granted would be determined by the company's compensation policies and the executive's role and performance.

Stakeholder Impact

• The RSU grant could have a slightly dilutive effect on existing shareholders, but it also incentivizes the executive to improve company performance, which benefits all stakeholders.

Key Dates