Forrester Research Founder Colony Holds 6.3M Shares, 18th Amendment
Ticker: FORR · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 1023313
| Field | Detail |
|---|---|
| Company | Forrester Research, INC. (FORR) |
| Form Type | SC 13G/A |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, corporate-governance
TL;DR
**Forrester founder George Colony still owns 6.3M shares, showing strong insider commitment.**
AI Summary
George F. Colony, the founder and Executive Chairman of Forrester Research, Inc. (FORR), filed an Amendment No. 18 to his SC 13G, indicating his beneficial ownership of 6,297,409 shares of the company's common stock as of December 31, 2023. This filing, made on February 7, 2024, shows that Colony maintains significant control over the company, holding sole voting power for all these shares. This matters to investors because Colony's substantial stake means his interests are closely aligned with the company's long-term performance and strategic direction, potentially influencing future decisions.
Why It Matters
George F. Colony's continued significant ownership of 6,297,409 shares reinforces his strong influence over Forrester Research, Inc., which can provide stability but also means his vision heavily shapes the company's future.
Risk Assessment
Risk Level: low — The filing indicates stable insider ownership, which generally reduces risk by aligning management's interests with shareholders.
Analyst Insight
Investors should note the stable, significant insider ownership by George F. Colony, which suggests long-term commitment to Forrester Research, Inc. and could be a positive signal for stability, but also indicates strong founder influence.
Key Numbers
- 6,297,409 — Shares Beneficially Owned (Represents George F. Colony's sole voting power in Forrester Research, Inc. as of December 31, 2023.)
- 18 — Amendment Number (Indicates this is the eighteenth amendment to George F. Colony's Schedule 13G filing for Forrester Research, Inc.)
Key Players & Entities
- George F. Colony (person) — Reporting Person, founder and Executive Chairman of Forrester Research, Inc.
- Forrester Research, Inc. (company) — The Issuer of the securities
- 6,297,409 shares (dollar_amount) — Shares beneficially owned by George F. Colony
- December 31, 2023 (date) — Date of event requiring the filing
- February 7, 2024 (date) — Filing date of the SC 13G/A
Forward-Looking Statements
- George F. Colony will continue to hold a significant ownership stake in Forrester Research, Inc. (George F. Colony) — high confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is George F. Colony, as stated on Page 2 of 5 Pages under 'NAME OF REPORTING PERSON'.
What is the name of the issuer whose securities are being reported?
The issuer is Forrester Research, Inc., as identified on Page 1 of 5 Pages under 'Name of Issuer'.
How many shares of common stock does George F. Colony beneficially own with sole voting power?
George F. Colony beneficially owns 6,297,409 shares with sole voting power, as detailed on Page 2 of 5 Pages under 'SOLE VOTING POWER'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified on Page 1 of 5 Pages under 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock, $0.01 par value per share, is 34653109, as listed on Page 1 of 5 Pages.
Filing Stats: 736 words · 3 min read · ~2 pages · Grade level 8.9 · Accepted 2024-02-07 16:09:51
Key Financial Figures
- $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 per value per share (Title of Class o
Filing Documents
- d772046dsc13ga.htm (SC 13G/A) — 43KB
- 0001193125-24-026682.txt ( ) — 44KB
(a)
Item 1(a) Name of Issuer: Forrester Research, Inc. 1(b) Address of Issuers Principal Executive Offices: 60 Acorn Park Drive Cambridge, MA 02140
(a)
Item 2(a) Name of Person Filing: George F. Colony 2(b) Address of Principal Business Office or, if none, Residence: c/o Forrester Research, Inc. 60 Acorn Park Drive Cambridge, MA 02140 2(c) Citizenship: Massachusetts 2(d) Title of Class of Securities: Common Stock, $0.01 per value per share 2(e) CUSIP Number: 34653109 Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c): Not applicable Item 4 4(a) Amount beneficially owned: 7,380,411 shares (1) 4(b) Percent of Class: 38.4% 4(c) Number of shares as to which such person has: (i)sole power to vote or to direct the vote: 6,297,409 shares (ii)shared power to vote or to direct the vote: 1,083,002 shares (1) Page 3 of 5 Pages (iii)sole power to dispose or to direct the disposition of: 6,297,409 shares (iv)shared power to dispose or to direct the disposition of: 1,083,002 shares (1) (1) Includes the following shares, of which Mr. Colony disclaims beneficial ownership for purposes of Section 13(d) or 13(g) under the Securities Exchange Act of 1934, as amended: 251,580 shares of common stock of the Issuer owned by Mr. Colonys wife. Item 5 Not Applicable. Item 6 Not Applicable. Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable. Item 8 Identification and Classification of Members of the Group: Not Applicable. Item 9 Notice of Dissolution of Group: Not Applicable. Item 10 Certification: Not Applicable. Page 4 of 5 Pages After reasonable inquiry and to the best of the undersigneds knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. By: /s/ George F. Colony Name: George F. Colony February 7, 2024 Page 5 of 5 Pages