Form 4: Forrester Research Director Neil Bradford Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Director Neil Bradford of Forrester Research reports a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On September 1, 2024, Neil Bradford, a director of Forrester Research, Inc., had 166 shares of common stock withheld by the issuer to satisfy tax obligations.
- This withholding occurred due to the vesting of restricted stock units awarded to him on June 1, 2024.
- The price per share for the withholding was $19.18.
- Following this transaction, Bradford directly owns 30,891 shares of Forrester Research common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax withholding, so the sentiment is neutral.
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 tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| June 1, 2024 | Date restricted stock units were awarded to Neil Bradford |
| September 1, 2024 | Date of the tax withholding transaction and vesting of restricted stock units |
| September 4, 2024 | Date of the report filing |
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