Form 4: Forrester Research Chief Legal Officer Reports Stock Transactions

Sentiment:

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

DateDescription
03/01/2022Date of grant of 5,463 Restricted Stock Units that vest in four equal installments beginning on the first anniversary of the grant date.
03/01/2023Date of grant of 8,323 Restricted Stock Units that vest in four equal installments beginning on the first anniversary of the grant date.
03/01/2025Date of transaction: vesting of restricted stock units and withholding of shares for taxes.
03/04/2025Date of signature on the Form 4 filing.

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