[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
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Negative
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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.