Form 4: Forrester Research Director Acquires Restricted Stock Units
SEC Form 4 Filing
Robert Paul Bennett, a director at Forrester Research, acquired 6,305 restricted stock units on August 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On August 1, 2024, Robert Paul Bennett, a director of Forrester Research, Inc., acquired 6,305 restricted stock units (RSUs).
- These RSUs were issued under the Forrester Research, Inc. Amended and Restated Equity Incentive Plan.
- Each RSU entitles Bennett to one share of common stock upon vesting.
- The RSUs will vest in four equal installments on September 1, 2024, December 1, 2024, March 1, 2025, and June 1, 2025.
- Following the transaction, Bennett directly owns 7,305 shares of Forrester Research common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and does not convey any particular sentiment. It simply reports a transaction.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings of company stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Robert Paul Bennett acquired 6,305 restricted stock units. |
| 09/01/2024 | First tranche of RSUs vests. |
| 12/01/2024 | Second tranche of RSUs vests. |
| 03/01/2025 | Third tranche of RSUs vests. |
| 06/01/2025 | Final tranche of RSUs vests. |
| 08/05/2024 | Date of Form 4 filing. |
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