Form 4: Forrester Research CIO Michael Kasparian Reports Stock Transactions
SEC Form 4
Michael Kasparian, Chief Information Officer of Forrester Research, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On June 1, 2024, Michael Kasparian, the Chief Information Officer of Forrester Research, Inc., had restricted stock units vest and convert into 2,298 shares of common stock.
- The company withheld 674 shares to satisfy tax obligations related to the vesting of these units at a price of $17.99 per share.
- Following these transactions, Kasparian directly owns 17,169 shares of Forrester Research common stock.
Sentiment
Score: 5
Explanation: This Form 4 filing represents routine transactions related to executive compensation and does not inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- Shareholders gain insight into executive compensation and stock ownership.
- Employees may be impacted by changes in executive leadership or strategy.
Key Dates
| Date | Description |
|---|---|
| 06/01/2020 | Reporting person was granted 9,194 Restricted Stock Units scheduled to vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. |
| 06/01/2024 | Restricted stock units vested and converted into common stock; shares withheld for tax obligations. |
| 06/03/2024 | Date of signature for the Form 4 filing. |
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