Form 4: Forrester Research Executive Sharyn Leaver Reports Stock Transactions
SEC Form 4 Filing
Sharyn Leaver, Chief Research Officer at Forrester Research, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2024, Sharyn Leaver, Chief Research Officer of Forrester Research, Inc., had restricted stock units vest and convert into common stock.
- A total of 4,073 shares were acquired through the vesting of restricted stock units.
- 1,404 shares were withheld by Forrester Research to cover tax obligations related to the vesting of these units at a price of $20.4 per share.
- Following these transactions, Leaver directly owns 11,258 shares of Forrester Research common stock and 3,228 and 7,377 restricted stock units from grants in 2022 and 2023 respectively.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Forrester Research. It provides transparency into the equity-based compensation of key executives.
Stakeholder Impact
- Shareholders are informed about changes in beneficial ownership by a key executive.
- The company's equity structure is affected by the issuance of shares upon vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting person was granted 6,457 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 9,836 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 signature for the Form 4 filing. |
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