Forrester Research stock (US3465631063): Shareholders approve expanded stock plan and governance

Forrester Research shareholders backed an amended employee stock purchase plan adding 450,000 shares and re-elected all six board directors at the annual meeting held in March 2026.

Forrester Research shareholders approved governance measures and an expanded employee stock purchase plan at the company's annual stockholder meeting, according to SEC filings as of May 14, 2026. The amended and restated Employee Stock Purchase Plan, effective as of March 25, 2026, increases the number of shares available for purchase by 450,000 shares, expanding the pool of equity available to employees participating in the plan.

All six director nominees were elected with substantial shareholder support, each receiving more than 15.0 million votes in favor. The amended stock purchase plan received 15,623,367 votes for approval, while shareholders also ratified PricewaterhouseCoopers LLP as the company's independent registered public accounting firm with 17,421,397 votes in support, according to the same SEC filing as of May 14, 2026.

As of: May 14, 2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Forrester Research, Inc.
• Sector/industry: Business and technology research, advisory services
• Headquarters/country: Cambridge, Massachusetts, United States
• Core markets: Global enterprise clients in business, technology, and consumer sectors
• Key revenue drivers: Research subscriptions, advisory services, consulting engagements
• Home exchange/listing venue: Nasdaq (FORR)
• Trading currency: USD

Forrester Research: core business model

Forrester Research is a research and advisory firm providing insights and analysis to help organizations make strategic business and technology decisions. The company serves large global enterprises across business, technology, and consumer sectors, delivering research subscriptions, advisory services, and consulting engagements. Headquartered in Cambridge, Massachusetts, Forrester operates as a trusted advisor to C-suite executives and business leaders navigating complex technology and market trends.

Employee equity expansion and shareholder governance

The approval of the amended Employee Stock Purchase Plan reflects Forrester's commitment to employee ownership and long-term alignment with shareholder interests. The 450,000-share increase provides additional capacity for employees to participate in equity ownership, a common practice among publicly traded research and advisory firms seeking to attract and retain talent in a competitive market. The strong shareholder vote—15.6 million votes in favor—indicates broad support for the company's compensation and governance structure.

Director elections also proceeded smoothly, with all six nominees receiving overwhelming support from shareholders. The re-election of the full board, combined with the ratification of PricewaterhouseCoopers as auditor, suggests stable governance and no significant shareholder dissent on corporate oversight matters.

Relevance for US investors

Forrester Research trades on Nasdaq under the ticker FORR and is headquartered in the United States, making it directly accessible to US retail and institutional investors. As a provider of business and technology research to US enterprises, the company's performance is closely tied to corporate spending on advisory services and research subscriptions. The expansion of the employee stock purchase plan and strong governance approval may signal management confidence in the company's strategic direction and ability to retain key talent in a competitive advisory services market.

Conclusion

Forrester Research's shareholder approval of the expanded employee stock purchase plan and unanimous re-election of directors reflects stable corporate governance and management confidence. The 450,000-share increase in the ESPP demonstrates the company's focus on employee retention and long-term alignment in the competitive research and advisory services sector. For US investors, the strong shareholder support and governance continuity suggest a company operating with clear stakeholder backing as it navigates evolving demand for business and technology insights.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.