Michael Facemire - 01 Aug 2025 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Technology Officer
Signature: Maite Garcia, attorney-in-fact for Michael Facemire
Issuer symbol: FORR
Transactions as of: 01 Aug 2025
Net transactions value: -$8,916
Form type: 4
Filing time: 05 Aug 2025, 13:07:19 UTC
Previous filing: 03 Apr 2025
Next filing: 03 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Facemire Michael	Chief Technology Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE	Maite Garcia, attorney-in-fact for Michael Facemire	05 Aug 2025	0002030949

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORR	Common Stock	Options Exercise	$0	+2,781	+254%	$0.000000	3,876	01 Aug 2025	Direct	F1
transaction	FORR	Common Stock	Tax liability	$8,916	-815	-21%	$10.94	3,061	01 Aug 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-176	-100%	$0.000000	0	01 Aug 2025	common stock	176	$0.000000	Direct	F3, F4
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-634	-33%	$0.000000	1,268	01 Aug 2025	common stock	634	$0.000000	Direct	F3, F5
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-1,971	-25%	$0.000000	5,911	01 Aug 2025	common stock	1,971	$0.000000	Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 August 1, 2025 of the restricted stock units awarded to the reporting person on August 2, 2021, August 1, 2023 and August 1, 2024. 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 August 2, 2021, the reporting person was granted 705 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2022, August 1, 2023, August 1, 2024 and August 1, 2025.
F5	On August 1, 2023, the reporting person was granted 2,536 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.
F6	On August 1, 2024, the reporting person was granted 7,882 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.