Cox Andrew 4

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.