Forrester (FORR) — Christophe Favre Receives RSU Shares

What Happened

• Christophe Favre, Chief Sales Officer of Forrester Research, had 552 restricted stock units (RSUs) convert into common stock upon vesting on September 1, 2026. The issuer withheld 257 of those shares to satisfy tax withholding at $12.23 per share (total withheld = $3,143), leaving a net 295 shares issued to Favre. The conversion of RSUs is an award/vesting event, not an open-market purchase.

Key Details

• Transaction date: 2026-09-01; Filing date: 2026-09-02 (timely).
• Reported entries: conversion/acquisition of 552 shares at $0.00 (RSU vesting); 257 shares withheld at $12.23/share (disposed) to cover taxes (value $3,143).
• Net shares received: 295 (552 vested − 257 withheld). Estimated net value at $12.23 ≈ $3,608.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: conversion upon vesting of RSUs; issuer withholding to satisfy tax obligations; each RSU = one common share; original grant was 2,210 RSUs on Sept 1, 2023 vesting in four equal annual installments beginning Sept 1, 2024 (this was the 2026 installment).

Context

• This was a routine vesting of an equity award. The withholding of shares to cover taxes is common and functions similarly to a cashless exercise—does not by itself signal a buy or sell intent. No purchase or open-market sale was reported in this filing.