Form 4: Forrester Research Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Ryan Darrah, Chief Legal Officer of Forrester Research, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2025, Ryan Darrah, the Chief Legal Officer of Forrester Research, had restricted stock units vest and convert into common stock.
- A total of 3,447 shares were acquired through the vesting of these units.
- 1,641 shares were withheld by Forrester Research to satisfy tax obligations related to the vesting.
- After these transactions, Darrah directly owns 21,446 shares of Forrester Research common stock and 5,527 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to executive compensation.
Industry Context
This is a standard Form 4 filing, reflecting routine transactions by a company insider related to stock-based compensation.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting of the restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date of grant of 5,463 Restricted Stock Units that vest in four equal installments beginning on the first anniversary of the grant date. |
| 03/01/2023 | Date of grant of 8,323 Restricted Stock Units that vest in four equal installments beginning on the first anniversary of the grant date. |
| 03/01/2025 | Date of transaction: vesting of restricted stock units and withholding of shares for taxes. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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