CEO George Colony was paid $673,332 in fiscal year 2025, ↑ up 212.8% from fiscal year 2024 (SEC filing 0001193125-26-133728 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$1,238,739 Carrie Johnson total, FY2025 Chief Product Officer — highest-paid officer; CEO George Colony: $673,332 | — CEO (George Colony) pay percentile vs peers | — CEO-to-median pay ratio | 98.97% Say-on-pay support, latest vote |
Ask our research desk — $99, 24h, every figure cited to its filing.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Carrie Johnson | $440,447 | $83,672 | $467,991 | $225,564 | $6,694 | $0 | $14,370 | $1,238,739 |
| Chief Product Officer | ||||||||
| L Finn | 435,240 | 82,683 | 467,991 | 225,564 | 6,615 | 0 | 14,576 | 1,232,668 |
| Chief Financial Officer | ||||||||
| Nate Swan | 409,242 | 0 | 467,991 | 225,564 | 0 | 0 | 16,276 | 1,119,073 |
| Chief Sales Officer | ||||||||
| Sharyn Leaver | 386,504 | 58,500 | 351,000 | 112,782 | 4,680 | 0 | 8,632 | 922,098 |
| Chief Research Officer | ||||||||
| Ryan Darrah | 360,177 | 45,500 | 304,191 | 78,947 | 3,640 | 0 | 13,956 | 806,411 |
| Chief Legal Officer and Secretary | ||||||||
| George Colony | 472,500 | 162,500 | 0 | 0 | 13,000 | 0 | 25,332 | 673,332 |
| Chairman of the Board and Chief Executive Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Carrie Johnson | $1,238,739 | $1,030,264 | $1,748,412 | ↑ +208,475 |
| L Finn | 1,232,668 | 1,023,864 | 1,743,954 | ↑ +208,804 |
| Nate Swan | 1,119,073 | 1,028,719 | 1,845,290 | ↑ +90,354 |
| Sharyn Leaver | 922,098 | 800,368 | 1,282,982 | ↑ +121,730 |
| Ryan Darrah | 806,411 | — | — | — |
| George Colony | 673,332 | 215,293 | 244,921 | ↑ +458,039 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses FORR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FORR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Ryan Darrah | OPTION | 2025-04-01 | — | — | 23,333 | — | $78,947 |
| Ryan Darrah | RSU | 2025-04-01 | — | — | 21,666 | — | 202,794 |
| L Finn | RSU | 2025-04-01 | — | — | 33,333 | — | 311,997 |
| Carrie Johnson | PSU | 2025-04-01 | 3,750 | 16,666 | — | 24,999 | 155,994 |
| Carrie Johnson | OPTION | 2025-04-01 | — | — | 66,666 | — | 225,564 |
| Sharyn Leaver | PSU | 2025-04-01 | 2,813 | 12,500 | — | 18,750 | 117,000 |
| Nate Swan | OPTION | 2025-04-01 | — | — | 66,666 | — | 225,564 |
| Nate Swan | RSU | 2025-04-01 | — | — | 33,333 | — | 311,997 |
| Sharyn Leaver | RSU | 2025-04-01 | — | — | 25,000 | — | 234,000 |
| Ryan Darrah | PSU | 2025-04-01 | 2,437 | 10,833 | — | 16,250 | 101,397 |
| Nate Swan | PSU | 2025-04-01 | 3,750 | 16,666 | — | 24,999 | 155,994 |
| L Finn | PSU | 2025-04-01 | 3,750 | 16,666 | — | 24,999 | 155,994 |
| L Finn | OPTION | 2025-04-01 | — | — | 66,666 | — | 225,564 |
| Carrie Johnson | RSU | 2025-04-01 | — | — | 33,333 | — | 311,997 |
| Sharyn Leaver | OPTION | 2025-04-01 | — | — | 33,333 | — | 112,782 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Ryan Darrah | $202,794 | $101,397 | $78,947 | 26.5% |
| L Finn | 311,997 | 155,994 | 225,564 | 22.5% |
| Carrie Johnson | 311,997 | 155,994 | 225,564 | 22.5% |
| Sharyn Leaver | 234,000 | 117,000 | 112,782 | 25.2% |
| Nate Swan | 311,997 | 155,994 | 225,564 | 22.5% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Carrie Johnson | PSU | 7,567 | — | $61,444 |
| L Finn | PSU | 33,333 | — | 270,664 |
| Carrie Johnson | PSU | 33,333 | — | 270,664 |
| Carrie Johnson | PSU | 18,002 | — | 146,176 |
| Sharyn Leaver | PSU | 25,000 | — | 203,000 |
| Ryan Darrah | PSU | 21,666 | — | 175,928 |
| L Finn | PSU | 18,002 | — | 146,176 |
| L Finn | PSU | 16,666 | — | 135,328 |
| Carrie Johnson | PSU | 16,666 | — | 135,328 |
| Sharyn Leaver | PSU | 12,601 | — | 102,320 |
| Sharyn Leaver | PSU | 12,500 | — | 101,500 |
| Ryan Darrah | PSU | 11,701 | — | 95,012 |
| Ryan Darrah | PSU | 10,833 | — | 87,964 |
| Sharyn Leaver | PSU | 4,918 | — | 39,934 |
| L Finn | PSU | 7,567 | — | 61,444 |
| Ryan Darrah | PSU | 4,162 | — | 33,795 |
| L Finn | PSU | 2,483 | — | 20,162 |
| Carrie Johnson | PSU | 2,235 | — | 18,148 |
| Sharyn Leaver | PSU | 1,614 | — | 13,106 |
| Ryan Darrah | PSU | 1,365 | — | 11,084 |
| L Finn | Option | 15,132 | 33.04 | — |
| L Finn | Option | 66,666 | 9.36 | — |
| Ryan Darrah | Option | 23,333 | 9.36 | — |
| Carrie Johnson | Option | 15,132 | 33.04 | — |
| Carrie Johnson | Option | 66,666 | 9.36 | — |
| Sharyn Leaver | Option | 11,349 | 33.04 | — |
| Sharyn Leaver | Option | 33,333 | 9.36 | — |
The executive compensation program is designed to attract, retain, and motivate key individuals by making a substantial portion of pay variable and linked to short-term financial performance (CV bookings and modified operating income) and long-term stockholder value (equity awards). The program emphasizes alignment with company values, individual excellence, and risk management by capping bonus payouts and using performance-based equity metrics.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | false |
| Anti-pledging | false |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-12 | 15,073,307 | 156,133 | 437,990 | 98.97% | Passed |
| 2025 | 2025-05-13 | 16,139,905 | 291,126 | 145,562 | 98.23% | Passed |
| 2024 | 2024-05-14 | 17,252,064 | 145,614 | 18,922 | 99.16% | Passed |
| 2023 | 2023-05-09 | 17,381,094 | 181,050 | 2,852 | 98.97% | Passed |
| 2022 | 2022-05-10 | 17,256,518 | 59,023 | 5,692 | 99.66% | Passed |
| 2021 | 2021-05-11 | 17,667,152 | 77,231 | 7,097 | 99.56% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-12 | 98.97%a |
| 2025 | 2025-05-13 | 98.23%b |
| 2024 | 2024-05-14 | 99.16%c |
a. Voting standard not stated in the filing.
b. Approved under the standard stated in the filing — “However, because directors are elected by a plurality vote, abstentions and broker non-votes will have no effect on the outcome on Proposal One.”.
c. Approved under the standard stated in the filing — “However, because directors are elected by a plurality vote, abstentions and broker non-votes will have no effect on the outcome on Proposal One.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | $10,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 10,000 / 10,000 |
| Stock ownership guideline | $2 |
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Forrester Research | 2025 | George Colony | $472,500 | $0 | $0 | $13,000 | $673,332 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Carrie Johnson | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation”. As printed: 1,238,739. Filing ↗machine: r16 · c31 · span 527359–527368 |
| 2 | Section 01, L Finn | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation”. As printed: 1,232,668. Filing ↗machine: r9 · c31 · span 455595–455604 |
| 3 | Section 01, Nate Swan | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation”. As printed: 1,119,073. Filing ↗machine: r24 · c31 · span 613110–613119 |
| 4 | Section 01, Sharyn Leaver | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation”. As printed: 922,098. Filing ↗machine: r20 · c31 · span 570447–570454 |
| 5 | Section 01, Ryan Darrah | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation”. As printed: 806,411. Filing ↗machine: r13 · c31 · span 498724–498731 |
| 6 | Section 01, George Colony | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation”. As printed: 673,332. Filing ↗machine: r5 · c31 · span 413000–413007 |
| 7 | Section 03, Ryan Darrah OPTION | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 888465–888471 |
| 8 | Section 03, Ryan Darrah RSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 9 | Section 03, L Finn RSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 10 | Section 03, Carrie Johnson PSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 999694–999701 |
| 11 | Section 03, Carrie Johnson OPTION | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 966715–966722 |
| 12 | Section 03, Sharyn Leaver PSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1077956–1077963 |
| 13 | Section 03, Nate Swan OPTION | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1122314–1122321 |
| 14 | Section 03, Nate Swan RSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 15 | Section 03, Sharyn Leaver RSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 16 | Section 03, Ryan Darrah PSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 921443–921450 |
| 17 | Section 03, Nate Swan PSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1154372–1154379 |
| 18 | Section 03, L Finn PSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 842275–842282 |
| 19 | Section 03, L Finn OPTION | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 809296–809303 |
| 20 | Section 03, Carrie Johnson RSU | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 21 | Section 03, Sharyn Leaver OPTION | DEF 14A | 2026-03-31 | 0001193125-26-133728 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1044977–1044984 |
| 22 | Section 06, 2026 vote | Form 8-K | 2026-05-13 | 0001193125-26-221590 | Item 5.07 · say-on-pay result. As reported: 98.97% (votes for as printed: 15,073,307). Filing ↗ |
| 23 | Section 06, 2025 vote | Form 8-K | 2025-05-14 | 0000950170-25-071464 | Item 5.07 · say-on-pay result. As reported: 98.23% (votes for as printed: 16,139,905). Filing ↗ |
| 24 | Section 06, 2024 vote | Form 8-K | 2024-05-15 | 0001193125-24-139376 | Item 5.07 · say-on-pay result. As reported: 99.16% (votes for as printed: 17,252,064). Filing ↗ |
| 25 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 26 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 27 | Forrester Research (subject), Section 10b CEO total | DEF 14A | 2026-03-31 | 0001193125-26-133728 | CEO total compensation as printed in Forrester Research's own proxy. As printed: 673,332. Filing ↗machine: r5 · c31 · span 413000–413007 |
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