Facemire Michael 4

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.