Favre Christophe 4

4 · FORRESTER RESEARCH, INC. · Filed Apr 29, 2026

AI-generated summary of this filing

Updated Apr 29, 2026

Forrester (FORR) CSO Christophe Favre Receives RSUs (Vesting)

What Happened

Christophe Favre, Chief Sales Officer of Forrester Research (FORR), had restricted stock units (RSUs) vest and convert into 3,177 shares on April 1, 2026. Of those, 1,532 shares were withheld by the issuer to satisfy tax withholding (reported at $5.39/share, $8,257 total), leaving a net delivery of 1,645 shares to Favre.
The filing shows the conversion/settlement of two prior RSU grants (987 shares from the Apr 1, 2024 grant and 2,190 shares from the Apr 1, 2025 grant). Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld for taxes.

Key Details

Transaction date: April 1, 2026; Form 4 filed April 29, 2026 (filed late relative to the Apr 1 transaction).
Vested/converted: 3,177 shares (987 from 2024 grant tranche; 2,190 from 2025 grant tranche).
Shares withheld for taxes: 1,532 shares at $5.39 each = $8,257.
Net shares delivered to insider: 1,645 shares (3,177 − 1,532). Using the $5.39/share figure reported for withholding, the gross value of vested shares was about $17,124 and net value delivered about $8,867 (these are estimates based on the reported $5.39/share).
Notable footnotes: RSUs convert 1:1 to common stock on vesting; issuer withholds shares to satisfy tax obligations (per awards granted Apr 1, 2024 and Apr 1, 2025).
Shares owned after the transaction: not provided in the data you shared.

Context

This was a routine vesting/settlement of RSU awards, not an open-market purchase or sale motivated by trading; the withholding of shares to cover taxes is a standard settlement practice and not a market sale signaling sentiment.
Filing was submitted nearly four weeks after the Apr 1 vesting date, so the Form 4 was late relative to the transaction date.

Form 4

Period: 2026-04-29

Chief Sales Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-04-01+3,177→ 15,270 total
Tax Payment
Common Stock
[F2]
2026-04-01$5.39/sh−1,532$8,257→ 13,738 total
Exercise/Conversion
Restricted Stock Units
[F3][F4]
2026-04-01−987→ 1,972 total
Exercise: $0.00→ Common Stock (987 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F5]
2026-04-01−2,190→ 6,570 total
Exercise: $0.00→ Common Stock (2,190 underlying)

Footnotes (5)

[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 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 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 3,946 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 8,760 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 Christophe Favre|2026-04-29

1 file