Favre Christophe 4

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.