Form 4: Forrester Research Director Bradford Neil Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Bradford Neil reported a transaction involving Forrester Research, Inc. shares related to tax withholding obligations.
Summary
- On June 1, 2024, Forrester Research director Bradford Neil had 102 shares of common stock disposed of to cover tax withholding obligations.
- The shares were withheld by the issuer at a price of $17.99 per share.
- This transaction occurred due to the vesting of restricted stock units awarded on June 1, 2023.
- Following the transaction, Bradford Neil beneficially owns 24,320 shares of Forrester Research, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine process for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/01/2023 | Date of restricted stock units award to the reporting person |
| 06/01/2024 | Date of transaction (disposal of shares for tax withholding) |
| 06/03/2024 | Date of signature on the report |
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