Form 4: Forrester Research Executive Jobina Gonsalves Reports Stock Option and Restricted Stock Unit Grant

Jobina Gonsalves, Chief People Officer of Forrester Research, reports the grant of restricted stock units and non-qualified stock options.

Summary

• Jobina Gonsalves, Chief People Officer of Forrester Research, filed a Form 4 on April 3, 2025, reporting changes in beneficial ownership.
• On April 1, 2025, Gonsalves was granted 20,000 Restricted Stock Units (RSUs) and 23,333 Non-Qualified Stock Options.
• The RSUs vest in four equal annual installments starting on the first anniversary of the grant date.
• The stock options become exercisable in four equal installments on the first, second, third, and fourth anniversaries of the grant date.
• The exercise price for the options is $9.36.
• Following the reported transactions, Gonsalves beneficially owns 20,000 RSUs and 23,333 stock options.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive as it suggests continued commitment from key personnel.

Positives

• The grant of RSUs and stock options aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The vesting schedule of the RSUs and options suggests a multi-year commitment from the executive.

Industry Context

Stock option and RSU grants are common forms of executive compensation in publicly traded companies, particularly in the tech and research sectors, to incentivize performance and retain key personnel.

Comparison to Industry Standards

• Executive compensation packages, including stock options and RSUs, are common in publicly traded companies like Forrester Research.
• Companies such as Gartner and IDC also utilize similar compensation strategies to attract and retain top talent.
• The vesting schedules and option terms are generally in line with industry practices, promoting long-term alignment with shareholder interests.

Stakeholder Impact

• Shareholders may view the grants positively as they align executive interests with company performance.
• Employees may see the grants as a sign of the company's commitment to its leadership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Stock Options, Forrester Research, Gonsalves, Executive Compensation