FORRESTER RESEARCH, INC.·4

Apr 2, 4:41 PM ET

Gonsalves Jobina 4

Research Summary

AI-generated summary

Updated

Forrester (FORR) CPO Jobina Gonsalves Receives 25,000 RSUs

What Happened

  • Jobina Gonsalves, Chief People Officer of Forrester Research (FORR), had 5,000 restricted stock units (RSUs) vest and convert into common stock on April 1, 2026. The issuer withheld 1,732 of those shares to satisfy tax withholding obligations (withholding valued at $5.39/share, $9,335 total), leaving a net 3,268 shares delivered to Gonsalves.
  • On the same date she was granted 25,000 new RSUs (an award). These RSUs are subject to time-based vesting and will convert into common stock in four equal annual installments beginning on the first anniversary of the grant.

Key Details

  • Transaction date: April 1, 2026. Form filed April 2, 2026 (appears timely).
  • Vesting/conversion (code M): 5,000 RSUs converted to common stock @ $0.00 per share.
  • Tax withholding (code F): 1,732 shares withheld @ $5.39/share = $9,335 to cover taxes.
  • Grant (code A): 25,000 RSUs awarded on April 1, 2026; vest in four equal installments starting 4/1/2027.
  • Shares owned after transaction: Not specified in the provided filing data.
  • Notable footnotes: RSUs convert 1-for-1 into common stock on vesting; 20,000 RSUs granted on 4/1/2025 vest in four equal installments (5,000 each), which explains the 5,000-vote vesting on 4/1/2026. Withholding by issuer used to satisfy tax liability.

Context

  • This was vesting/award activity, not an open-market purchase or sale. The withheld shares represent the issuer satisfying tax withholding (a routine cashless settlement) rather than a voluntary sale by the insider. Such compensation-related transactions are common and do not by themselves indicate insider market sentiment.