Finn Leo Christian 4

What Happened

• Finn Leo Christian, Chief Financial Officer of Forrester Research, had restricted stock units (RSUs) vest and convert into 14,335 shares of common stock on April 1, 2026 (recorded as derivative conversions). The filing also shows 4,207 shares were withheld to satisfy tax withholding obligations at $5.39/share (total $22,676). In addition, he received a new grant of 50,000 RSUs on April 1, 2026 (award).

Key Details

• Transaction date: April 1, 2026; filing date: April 2, 2026 (timely filing).
• Items reported:
  • Exercise/conversion of derivative (M): 14,335 shares acquired at $0.00 (RSU conversion upon vesting).
  • Payment of tax liability (F): 4,207 shares disposed/withheld at $5.39/share = $22,676 (to cover withholding).
  • Additional conversion lines (M) show 6,001 and 2,446 shares (recorded as derivative conversions at $0.00) related to vesting installments.
  • Grant/award (A): 50,000 RSUs granted at $0.00 on April 1, 2026.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1–F3: These transactions reflect RSUs that convert to one share per unit upon vesting.
  • F2: The 4,207 shares were withheld by the issuer to cover taxes on vesting for RSUs awarded on April 1, 2024 and April 1, 2025.
  • F4–F6: Prior grants (24,003 RSUs in 2024; 33,333 RSUs in 2025) vest in four equal installments; the new 50,000-RSU grant vests in four equal installments beginning April 1, 2027.

Context

• These are routine equity-compensation transactions (RSU vesting and a new RSU grant), not open-market purchases or sales expressing investment sentiment. The tax-withholding entry (F) is a standard cashless withholding of shares to satisfy payroll/tax obligations on vesting.
• Transaction codes: M = exercise/conversion of derivative (here, RSU vesting), F = tax withholding/payment, A = award/grant.
• No indication this involves a 10% owner or a late filing in the provided data.