Form 4: Forrester Research Executive Granted 24,003 Restricted Stock Units
SEC Form 4 Filing
Carrie Johnson, Chief Product Officer of Forrester Research, Inc., was granted 24,003 Restricted Stock Units (RSUs) on April 1, 2024, which vest in four equal annual installments.
Summary
- Carrie Johnson, Chief Product Officer of Forrester Research, Inc., received a grant of 24,003 Restricted Stock Units (RSUs) on April 1, 2024.
- These RSUs will vest and convert into common stock in four equal installments, starting on the first anniversary of the grant date.
- Each RSU represents the right to receive one share of Forrester Research, Inc. common stock upon vesting.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral event with a slightly positive implication for long-term performance.
Positives
- The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.
Future Outlook
The RSUs will vest over a four-year period, incentivizing the executive to contribute to the company's long-term success.
Industry Context
Granting RSUs is a common practice in the tech and research industry to attract, retain, and incentivize key executives.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive incentive for the executive to drive company performance.
- Employees may see the grant as a sign of the company's commitment to its leadership team.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the RSU grant to Carrie Johnson. |
| 04/03/2024 | Date of the signature on the Form 4 filing. |
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