Form 4: Forrester Research Executive Carrie Johnson Reports Stock Transactions
SEC Form 4 Filing
Carrie Johnson, Chief Product Officer at Forrester Research, reports the vesting of restricted stock units and shares withheld for tax obligations.
Summary
- On August 1, 2024, Carrie Johnson, Chief Product Officer of Forrester Research, Inc., had restricted stock units vest into common stock.
- A total of 4,634 shares were acquired through the vesting of restricted stock units.
- 1,359 shares were withheld by Forrester Research to cover tax obligations related to the vesting of these units at a price of $19.03 per share.
- Following these transactions, Johnson directly owns 16,873 shares of Forrester Research common stock and 2,203 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on standard executive stock transactions, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units that vest over time.
- The withholding of shares to cover tax obligations is a standard practice in equity compensation.
- Similar filings are made by executives at comparable companies like Gartner and Accenture.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine executive compensation matter.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/03/2020 | Reporting person was granted 9,724 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2021, August 1, 2022, August 1, 2023 and August 1, 2024. |
| 08/02/2021 | Reporting person was granted 8,814 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2022, August 1, 2023, August 1, 2024 and August 1, 2025. |
| 08/01/2024 | Restricted stock units vested and shares were withheld for taxes. |
| 08/05/2024 | Date of the report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.