Facemire Michael 4

4 · FORRESTER RESEARCH, INC. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Forrester (FORR) CTO Michael Facemire Receives 25,000 RSU Award

What Happened

Michael Facemire, Chief Technology Officer of Forrester Research, had 5,994 restricted stock units (RSUs) convert into common stock on April 1, 2026 (no cash paid). Of those vested shares, 2,855 were withheld by the company to satisfy tax withholding at $5.39/share (total $15,388). That results in a net issuance to him of 3,139 shares (5,994 vested minus 2,855 withheld).
On the same date he was also granted 25,000 new RSUs (awarded, $0 exercise price) that vest in four equal annual installments beginning April 1, 2027. The $15,388 related to the withheld shares is the only cash-equivalent amount reported.

Key Details

Transaction date: April 1, 2026; filing date: April 2, 2026 (timely Form 4 filing).
Vested/conversion: 5,994 RSUs converted to common stock at $0.00 per share.
Tax withholding (disposition): 2,855 shares withheld at $5.39/share = $15,388.
Grant: 25,000 RSUs awarded on April 1, 2026, vesting in four equal installments beginning one year from grant.
Shares owned after transaction: Not specified in the filing.
Footnotes: Withholding of shares to satisfy tax obligations on vesting (routine); each RSU converts to one share upon vesting.

Context

These transactions are compensation-related (RSU vesting and a new RSU grant), not open-market purchases or discretionary sales. The withholding of shares to cover taxes is a common, routine administrative action and not a market sale for cash beyond the tax obligation.
The vested shares came from prior RSU grants: 3,975 RSUs granted 4/1/2024 (one-quarter installment ≈ 994 shares) and 20,000 RSUs granted 4/1/2025 (one-quarter installment = 5,000 shares), totaling the 5,994 vested. The 25,000-RSU grant begins vesting on 4/1/2027.

Form 4

Period: 2026-04-01

Chief Technology Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-04-01+5,994→ 9,461 total
Tax Payment
Common Stock
[F2]
2026-04-01$5.39/sh−2,855$15,388→ 6,606 total
Exercise/Conversion
Restricted Stock Units
[F3][F4]
2026-04-01−994→ 1,987 total
Exercise: $0.00→ Common Stock (994 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F5]
2026-04-01−5,000→ 15,000 total
Exercise: $0.00→ Common Stock (5,000 underlying)
Award
Restricted Stock Units
[F3][F6]
2026-04-01+25,000→ 25,000 total
Exercise: $0.00→ Common Stock (25,000 underlying)

Footnotes (6)

[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 April 1, 2026 of the restricted stock units awarded to the reporting person on April 1, 2024 and April 1, 2025. The award includes a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award.
[F3]Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
[F4]On April 1, 2024, the reporting person was granted 3,975 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 April 1, 2025, the reporting person was granted 20,000 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.
[F6]On April 1, 2026, the reporting person was granted 25,000 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 Michael Facemire|2026-04-02

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