Form 4: Forrester Research Director Anthony J. Friscia Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Anthony J. Friscia, a director at Forrester Research, reported the acquisition of 6,737 shares of common stock in the form of Restricted Stock Units (RSUs) and the disposal of 0 shares on June 3, 2024.

Summary

  • On June 3, 2024, Anthony J. Friscia, a director at Forrester Research, Inc., reported changes in beneficial ownership.
  • He acquired 6,737 shares of common stock in the form of Restricted Stock Units (RSUs).
  • These RSUs were awarded pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan.
  • The RSUs vest in four equal installments on September 1, 2024, December 1, 2024, March 1, 2025, and June 1, 2025.
  • Following the transaction, Friscia beneficially owns 25,938 shares of Forrester Research common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

  • The acquisition of RSUs indicates continued alignment of the director's interests with the company's performance.

Future Outlook

The vesting schedule of the RSUs suggests a continued commitment by the director to the company's long-term performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices through equity-based awards.

Stakeholder Impact

  • The granting of RSUs aligns the director's interests with those of shareholders, incentivizing them to work towards increasing shareholder value.

Key Dates

DateDescription
06/03/2024Date of transaction: Acquisition of Restricted Stock Units.
09/01/2024First tranche of RSUs vests.
12/01/2024Second tranche of RSUs vests.
03/01/2025Third tranche of RSUs vests.
06/01/2025Final tranche of RSUs vests.
06/04/2024Date of Form 4 filing.

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