[Form 4] Insight Enterprises Inc Insider Trading Activity
Rhea-AI Filing Summary
Insight Enterprises, Inc. (NSIT) reporting person Thomas Reichert, a company director, received a grant of 218 restricted stock units (RSUs) on August 30, 2024 that vest in three equal annual installments beginning August 30, 2025. The Form 4 filing dated August 30, 2025 shows the reporting transaction code M (conversion/settlement of derivative to underlying shares) and records 218 shares of common stock beneficially owned following the reported transaction. The RSUs convert one-for-one into common shares and carry a reported price of $0.00 per unit in the filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director Thomas Reichert received 218 RSUs that vest annually starting August 30, 2025; filing discloses custodial ownership after conversion.
The Form 4 documents a routine equity award to a director: 218 restricted stock units granted August 30, 2024 with vesting in three equal annual installments beginning August 30, 2025, and recorded on this Form 4 as a conversion/settlement event dated August 30, 2025 (transaction code M). The filing reports 218 shares beneficially owned following the transaction and lists the RSUs as convertible one-for-one into common stock. This disclosure fulfills Section 16 reporting obligations for insider equity changes and provides transparency on the director's equity interest.
TL;DR: The report records settlement of 218 RSUs into common stock for director Thomas Reichert; transaction appears administrative and non-cash.
The entry shows the conversion/settlement of 218 restricted stock units with a reported price of $0.00, consistent with RSU settlement mechanics rather than a cash purchase. The Form identifies Reichert as a director and reports ownership following the transaction. The disclosure is a standard insider reporting item and does not, by itself, indicate a change in company operations or financial results.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 218 | $0.00 | -- |
| Exercise | Common Stock | 218 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc. The restricted stock units were granted on August 30, 2024 with vesting to occur in three equal annual installments beginning August 30, 2025.