Form 4: Forrester Research Executive Scott Chouinard Reports Stock Transactions
SEC Form 4 Filing
Scott Chouinard, Chief Accounting Officer of Forrester Research, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On March 1, 2024, Scott Chouinard, Chief Accounting Officer of Forrester Research, Inc., had restricted stock units vest into 745 shares of common stock.
- The company withheld 258 shares to cover tax obligations at a price of $20.4 per share.
- Following these transactions, Chouinard directly owns 6,728 shares of common stock and indirectly owns 1,246 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock transactions, with no indication of unusual or concerning activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting person was granted 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 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 745 shares of common stock; 258 shares withheld for taxes. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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