Leaver Sharyn 4
Research Summary
AI-generated summary
Forrester (FORR) CRO Sharyn Leaver Receives RSU Award & Converts RSUs
What Happened
- Sharyn Leaver, Chief Research Officer of Forrester Research (FORR), had prior restricted stock units (RSUs) vest on April 1, 2026. A total of 10,451 RSUs converted into common shares (recorded as an “exercise/conversion” of a derivative). Of the shares from vesting, 2,956 shares were withheld by the issuer to satisfy tax withholding obligations at $5.39 per share for a withholding value of $15,933 (reported as a disposition for tax payment).
- In addition, the company granted Leaver 30,000 new RSUs on April 1, 2026 (an award that vests in four equal annual installments beginning April 1, 2027). These were granted (derivative awards) and carry no immediate cash value to the reporting person.
Key Details
- Transaction date: April 1, 2026 (Form filed April 2, 2026); filing appears timely.
- Prices/values: Tax-withheld shares: 2,956 shares at $5.39 = $15,933. RSU conversions and grant reported at $0 cost to the insider.
- Specific counts: 10,451 RSUs converted into shares; 2,956 shares withheld for taxes; 30,000 RSUs newly granted.
- Shares owned after transaction: Not provided in the details supplied.
- Footnotes: Conversions reflect RSU vesting from grants on April 1, 2024 (16,802 RSUs) and April 1, 2025 (25,000 RSUs) that vest in quarterly/annual installments. The issuer withheld shares to satisfy withholding tax obligations.
Context
- These transactions are compensation-related (RSU vesting and a new RSU grant), not open-market purchases or discretionary sales by the insider. The withholding of shares to cover taxes is routine and does not necessarily signal a buy/sell opinion.
- The new 30,000 RSU grant vests in future installments, so those are not immediately tradeable shares. Purchases by insiders are generally stronger bullish signals for retail investors than routine vesting/grant activity.