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 and conversion of restricted stock units into common stock, along with shares withheld for tax obligations.
Summary
- On March 1, 2024, Carrie Johnson, Chief Product Officer of Forrester Research, had restricted stock units vest and convert into common stock.
- A total of 6,018 shares were acquired through the vesting of these units.
- 2,016 shares were withheld by Forrester Research to cover tax obligations related to the vesting.
- Following these transactions, Johnson directly owns 13,598 shares of Forrester Research common stock.
- The restricted stock units that vested were granted on March 1, 2022, and March 1, 2023, and vest in four equal annual installments.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock vesting, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted stock awards.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
- The withholding of shares for taxes reduces the number of shares entering the market.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting person was granted 8,940 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. |
| 03/01/2023 | Reporting person was granted 15,133 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date. |
| 03/01/2024 | Restricted stock units vested and converted into common stock; shares withheld for tax obligations. |
| 03/05/2024 | Date of the Form 4 filing. |
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