Facemire Michael 4

4 · FORRESTER RESEARCH, INC. · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Forrester (FORR) CTO Michael Facemire Receives Award; Shares Withheld

What Happened

Michael Facemire, Chief Technology Officer of Forrester Research, had restricted stock units (RSUs) vest and convert into 288 shares of FORR common stock on March 1, 2026. The issuer withheld 136 of those shares to satisfy tax withholding obligations at $5.98 per share, a withholding value of $813, leaving him with a net 152 shares.
This was a vesting/conversion of previously awarded RSUs (not an open‑market buy or sale). The conversions are reported under derivative exercise codes (M) and the withholding under code F.

Key Details

Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
Gross shares converted: 288 shares @ $0.00 (RSU conversion).
Shares withheld for taxes: 136 shares @ $5.98 = $813 (issuer share‑withholding).
Net shares received by insider: 152 shares (288 – 136).
Footnotes: RSUs convert 1:1 to common stock. The 288 shares reflect vesting tranches from grants on March 1, 2022 (762 RSUs vesting in four installments → ~190 shares) and March 1, 2024 (196 RSUs vesting in two installments → 98 shares).
Shares owned after the transaction: not specified in the provided excerpt — see the full Form 4 for total holdings.

Context

This is a routine vesting of RSUs and a cashless withholding of shares to cover taxes, not an open‑market sale or purchase. Such transactions are common compensation events and do not, by themselves, indicate the insider’s view on the company’s stock.

Form 4

Period: 2026-03-01

Chief Technology Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-01+288→ 3,603 total
Tax Payment
Common Stock
[F2]
2026-03-01$5.98/sh−136$813→ 3,467 total
Exercise/Conversion
Restricted Stock Units
[F3][F4]
2026-03-01−190→ 0 total
Exercise: $0.00→ Common Stock (190 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F5]
2026-03-01−98→ 0 total
Exercise: $0.00→ Common Stock (98 underlying)

Footnotes (5)

[F1]Represents the conversion, upon vesting, of restricted stock units into common stock.
[F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on March 1, 2026 of the restricted stock units awarded to the reporting person on March 1, 2022 and March 1, 2024. The awards include a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the awards.
[F3]Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
[F4]On March 1, 2022, the reporting person was granted 762 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.
[F5]On March 1, 2024, the reporting person was granted 196 Restricted Stock Units that vest and convert into common stock in two equal and consecutive installments beginning on the first anniversary of the grant date.

Signature

Maite Garcia, attorney-in-fact for Michael Facemire|2026-03-03

1 file