Form 4: Forrester Research Director Acquires Restricted Stock Units
Statement of Changes in Beneficial Ownership
Warren N. Romine, a Director at Forrester Research, Inc., was granted 8,000 Restricted Stock Units (RSUs) on May 12, 2026, as part of the company's equity incentive plan.
Summary
- Warren N. Romine, a Director at Forrester Research, Inc., acquired 8,000 Restricted Stock Units (RSUs) on May 12, 2026.
- These RSUs were issued under the Forrester Research, Inc. Amended and Restated Equity Incentive Plan.
- Upon vesting, each RSU entitles the holder to one share of common stock.
- The RSUs will vest and convert into common stock in four equal installments: September 1, 2026; December 1, 2026; March 1, 2027; and June 1, 2027.
- Following this transaction, Romine beneficially owns 29,702 shares of common stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard equity grant to a director, indicating ongoing incentive alignment rather than a significant new development.
Positives
- Director acquisition of equity signals confidence in the company's future prospects.
- The grant of RSUs is part of a structured incentive plan designed to retain and motivate key personnel.
- The vesting schedule is spread over time, aligning the director's interests with long-term shareholder value.
Future Outlook
The vesting schedule of the Restricted Stock Units indicates a forward-looking commitment to the company's performance over the next several years, with shares converting into common stock through June 1, 2027.
Industry Context
StockSavvy.ai notes that the issuance of equity-based compensation, such as Restricted Stock Units, is a common practice in the technology and research services industry to attract, retain, and incentivize executive and director talent, aligning their interests with long-term company growth.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Incentive Plan | Grant of Restricted Stock Units under the Forrester Research, Inc. Amended and Restated Equity Incentive Plan. | 05/12/2026 | Reinforces the company's commitment to performance-based compensation and long-term alignment with stakeholders. |
Stakeholder Impact
- Shareholders: The issuance of RSUs represents potential future dilution, but also aligns director incentives with long-term shareholder value creation.
- Employees: The equity incentive plan structure may set a precedent for other employee compensation packages.
- Management: Reinforces the importance of performance-based compensation for key personnel.
Next Steps
- Vesting of Restricted Stock Units in four tranches through June 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Transaction Date (Grant of Restricted Stock Units) |
| 09/01/2026 | First vesting tranche for Restricted Stock Units |
| 12/01/2026 | Second vesting tranche for Restricted Stock Units |
| 03/01/2027 | Third vesting tranche for Restricted Stock Units |
| 06/01/2027 | Final vesting tranche for Restricted Stock Units |
Keywords
Forrester Research, FORR, Form 4, Restricted Stock Units, RSU, Equity Incentive Plan, Director, Beneficial Ownership, Securities Exchange Act
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