Form 4: Forrester Research Executive Granted Restricted Stock Units
SEC Filing
Scott Chouinard, Chief Accounting Officer of Forrester Research, Inc., was granted 5,760 restricted stock units on April 1, 2024, according to a Form 4 filing.
Summary
- A Form 4 filing reveals that Scott Chouinard, the Chief Accounting Officer of Forrester Research, Inc., received a grant of 5,760 Restricted Stock Units (RSUs) on April 1, 2024.
- Each RSU represents the right to receive one share of Forrester Research, Inc. common stock upon vesting.
- The RSUs will vest in four equal installments, starting on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and has a neutral sentiment.
Industry Context
This is a standard practice for compensating executives in publicly traded companies. Equity grants are used to align the interests of management with those of shareholders.
Stakeholder Impact
- The grant of RSUs incentivizes the Chief Accounting Officer to contribute to the long-term success of the company, which benefits shareholders.
- Employees may view this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the restricted stock unit grant. |
| 04/01/2025 | First vesting date of the restricted stock units. |
| 04/03/2024 | Date of the Form 4 filing. |
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