Form 4: Forrester Research Director Bradford Neil Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Director Bradford Neil reports a transaction involving the withholding of shares by Forrester Research to cover tax obligations upon the vesting of restricted stock units.
Summary
- On March 1, 2025, Forrester Research director Bradford Neil had 166 shares of common stock withheld by the issuer to satisfy tax obligations.
- This withholding occurred upon the vesting of restricted stock units awarded to Neil on June 1, 2024.
- Following the transaction, Neil directly owns 30,559 shares of Forrester Research common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This is a standard practice for companies to withhold shares to cover tax obligations when restricted stock units vest. It's a common form of executive compensation.
Stakeholder Impact
- Shareholders are indirectly impacted as the company uses shares to cover tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 2024/06/01 | Date restricted stock units were awarded to the reporting person |
| 2025/03/01 | Date of transaction (tax withholding) |
| 2025/03/04 | Date of signature |
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