Insight Enterprises GC reports initial share holdings
INSIGHT ENTERPRISES INC General Counsel Karim Adatia filed an initial ownership report showing direct holdings in company equity.
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Form Type
3
Rhea-AI Filing Summary
INSIGHT ENTERPRISES INC General Counsel Karim Adatia filed an initial ownership report showing direct holdings in company equity. The filing lists multiple grants of restricted stock units (RSUs) tied to Common Stock, all with a conversion price of $0.0000 per share.
Several RSU awards are performance-based, with the number of units increasing or decreasing based on company performance over a three-year measurement period, and vesting when results are determined in 2026, 2027 and 2028. Other RSU grants made on February 20, 2024, 2025 and 2026 vest in three equal annual installments beginning February 20, 2025, 2026 and 2027. Adatia also directly holds 807 shares of Common Stock.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Adatia Karim
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,757 contracts (Direct);
Common Stock — 807 shares (Direct)
Footnotes (9)
- F1. The number of restricted stock units increases or decreases with the Company performance over a three year measurement period against a specific objective defined in advance of the grant date, and, subject to achievement of the specific objective, the restricted stock units will vest after the results are determined in 2026.
- F2. The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units granted February 20, 2024 will vest in three equal annual installments beginning February 20, 2025.
- F3. The number of restricted stock units increases or decreases with the Company performance over a three year measurement period against a specific objective defined in advance of the grant date, and, subject to achievement of the specific objective, the restricted stock units will vest when the results are determined in 2027.
- F4. The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units granted February 20, 2025 will vest in three equal annual installments beginning February 20, 2026.
- F5. The number of restricted stock units increases or decreases with the Company performance over a three year measurement period against a specific objective defined in advance of the grant date, and, subject to achievement of the specific objective, the restricted stock units will vest when the results are determined in 2028.
- F6. The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units granted February 20, 2026 will vest in three equal annual installments beginning February 20, 2027.
- F7. The restricted stock units were granted on February 20, 2024 with vesting to occur in three equal annual installments beginning February 20, 2025.
- F8. The restricted stock units were granted on February 20, 2025 with vesting to occur in three equal annual installments beginning February 20, 2026.
- F9. The restricted stock units were granted on February 20, 2026 with vesting to occur in three equal annual installments beginning February 20, 2027.
Key Figures
Direct Common Stock holding: 807 shares
Performance RSUs vesting 2026: tied to 3-year performance
Performance RSUs vesting 2027: tied to 3-year performance
+5 more
8 metrics
Direct Common Stock holding
807 shares
Common Stock held directly following the reported holdings
Performance RSUs vesting 2026
tied to 3-year performance
RSUs vest when performance results are determined in 2026
Performance RSUs vesting 2027
tied to 3-year performance
RSUs vest when performance results are determined in 2027
Performance RSUs vesting 2028
tied to 3-year performance
RSUs vest when performance results are determined in 2028
RSU grant date 2024
February 20, 2024
RSUs vest in three equal annual installments beginning February 20, 2025
RSU grant date 2025
February 20, 2025
RSUs vest in three equal annual installments beginning February 20, 2026
RSU grant date 2026
February 20, 2026
RSUs vest in three equal annual installments beginning February 20, 2027
Example RSU block
1,901 underlying shares
Restricted stock units linked to Common Stock with $0.0000 exercise price
Key Terms
restricted stock units, three year measurement period, vesting, Common Stock, +1 more
5 terms
restricted stock units financial
"The number of restricted stock units increases or decreases with the Company performance over a three year measurement period"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
three year measurement period financial
"performance over a three year measurement period against a specific objective defined in advance of the grant date"
vesting financial
"the restricted stock units will vest after the results are determined in 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"underlying security title: Common Stock, underlying security shares: 1901.0000"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
performance over a three year measurement period financial
"The number of restricted stock units increases or decreases with the Company performance over a three year measurement period"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the NSIT Form 3 filing for Karim Adatia show?
The Form 3 shows General Counsel Karim Adatia’s initial ownership in Insight Enterprises, including several restricted stock unit awards and 807 shares of Common Stock held directly, providing a baseline of his equity-based alignment with shareholders.
What types of securities does Karim Adatia hold in Insight Enterprises (NSIT)?
Karim Adatia holds restricted stock units linked to Common Stock, all with a $0.0000 conversion price, plus 807 shares of Common Stock directly. These positions combine time-based and performance-based equity incentives tied to the company’s future results and service.
How do Karim Adatia’s performance-based RSUs at NSIT vest?
Several RSU awards change in size with company performance over a three-year measurement period, then vest when results are determined in 2026, 2027 and 2028. This structure directly links the ultimate number of shares earned to specific performance objectives.
What are the vesting schedules for Karim Adatia’s time-based RSUs at NSIT?
Time-based RSUs granted on February 20, 2024, 2025 and 2026 vest in three equal annual installments. Vesting begins February 20, 2025 for 2024 grants, February 20, 2026 for 2025 grants, and February 20, 2027 for 2026 grants, encouraging multi-year retention.
Does the NSIT Form 3 for Karim Adatia report any stock purchases or sales?
The Form 3 records holdings only and shows no classified buy or sell transactions. All transaction entries are marked as holdings with unknown transaction codes, reflecting an initial statement of beneficial ownership rather than new market activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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