FORRESTER RESEARCH, INC.·4

Mar 3, 4:22 PM ET

Cox Andrew 4

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

Research Summary

AI-generated summary of this filing

Updated

Forrester (FORR) CMO Andrew Cox Receives RSUs; 75 Shares Withheld

What Happened

  • Andrew Cox, Chief Marketing Officer of Forrester Research, had restricted stock units (RSUs) vest and convert into common stock on March 1, 2026. The filing shows 190 RSUs converted into 190 shares (derivative conversion).
  • To satisfy tax-withholding obligations, 75 of those shares were withheld by the issuer at an effective value of $5.98 per share, totaling $449. The transaction is a vesting/net settlement event (not an open-market buy or sell).

Key Details

  • Transaction date: March 1, 2026.
  • Conversion: 190 RSUs converted into 190 common shares (reported as derivative exercise/conversion).
  • Tax withholding: 75 shares withheld at $5.98/share for $449 total (reported as payment of tax liability).
  • Shares owned after transaction: Not disclosed on the Form 4.
  • Footnotes: RSUs convert 1:1 into shares; the 190 shares are one installment from a 762-RSU grant on March 1, 2022 that vests in four equal annual installments. The issuer withheld shares to satisfy taxes upon vesting.
  • Filing timeliness: Filed Mar 3, 2026 for a Mar 1, 2026 transaction (appears timely).

Context

  • This was a routine vesting and tax-withholding event (a net settlement of RSUs), not an open-market sale or purchase. Such withholding is common and typically reflects payroll tax obligations rather than a discretionary insider sale.

Insider Transaction Report

Form 4
Period: 2026-03-01
Cox Andrew
Chief Marketing Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-01+1901,759 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-01$5.98/sh75$4491,684 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4]
    2026-03-011900 total
    Exercise: $0.00Common Stock (190 underlying)
Footnotes (4)
  • [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. 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.
Signature
Maite Garcia, attorney-in-fact for Andrew Cox|2026-03-03

Documents

1 file
  • 4
    ownership.xmlPrimary

    4