Insight Enterprises Grants New CEO Jack Azagury Inducement Award Under Nasdaq Listing Rule 5635(c)(4)

Insight Enterprises (NASDAQ: NSIT) granted a one-time inducement equity award to new CEO Jack Azagury on April 15, 2026.

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04/15/2026 - 06:00 PM

CHANDLER, Ariz.--(BUSINESS WIRE)-- Insight Enterprises (NASDAQ: NSIT) today announced that an inducement equity award has been granted to its new President and Chief Executive Officer, Jack Azagury, on April 15, 2026 (the "Grant Date"). The equity award is consistent with the previously disclosed terms of Mr. Azagury’s offer letter and was approved by the Compensation Committee of the Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4). Insight is issuing this press release pursuant to the requirements of that rule.

The equity award consists of a one-time grant of performance-based RSUs (“PSUs”), having a target aggregate grant date value equal to approximately $10,000,000 (such award, the “Inducement Award”). The PSUs have a performance period through April 15, 2029 based on Insight’s achievement during that period against three tier target Absolute Total Shareholder Return of 118%, 160%, and 200% growth in per share stock price for 20 consecutive trading days with shares earned at 50%, 100%, or 200%, respectively, of target value. The maximum aggregate number of shares subject to the Inducement Award will be no more than 266,170 shares of Insight’s common stock.

About Insight

Insight Enterprises is a leading Solutions Integrator that helps clients solve technology challenges by combining the right hardware, software, and services. We’re a global Fortune 500 technology company with a network of over 6,000 partners and experts around the world who provide access to end-to-end IT capabilities. For more than 35 years, we have delivered and optimized technology solutions for our clients efficiently, effectively, and safely. We are rated as a Great Place to Work, a Forbes World’s Best Employer, and a Fortune World’s Best Workplace. Discover more at insight.com. NSIT-F