Insight (NSIT) counsel Cowley converts RSUs and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insight Enterprises, Inc. general counsel and secretary Samuel C. Cowley reported multiple equity transactions dated February 20, 2026 involving restricted stock units (RSUs) and common stock. Several RSU awards were exercised or converted into common shares, including blocks of 766, 1,021, 630, 840, 633, and 1,687 RSUs.
Each RSU represents a right to receive one share of Insight common stock, and the number of RSUs can increase or decrease based on the company’s performance against predefined objectives. The RSUs vest in annual installments tied to grant dates in 2023, 2024, and 2025.
The filing also shows several Code F tax-withholding dispositions of common stock, such as 252, 284, 173, 233, 209, and 469 shares at $85.50 per share, used to satisfy minimum statutory tax obligations as the RSUs vested. Following these transactions, Cowley directly owned 32,509 Insight common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,577 shares exercised/converted
Mixed
18 txns
Insider
Cowley Samuel C
Role
Gen'l Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 766 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,021 | $0.00 | -- |
| Exercise | Restricted Stock Units | 630 | $0.00 | -- |
| Exercise | Restricted Stock Units | 840 | $0.00 | -- |
| Exercise | Restricted Stock Units | 633 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,687 | $0.00 | -- |
| Exercise | Common Stock | 766 | $0.00 | -- |
| Tax Withholding | Common Stock | 252 | $85.50 | $22K |
| Exercise | Common Stock | 1,021 | $0.00 | -- |
| Tax Withholding | Common Stock | 284 | $85.50 | $24K |
| Exercise | Common Stock | 630 | $0.00 | -- |
| Tax Withholding | Common Stock | 173 | $85.50 | $15K |
| Exercise | Common Stock | 840 | $0.00 | -- |
| Tax Withholding | Common Stock | 233 | $85.50 | $20K |
| Exercise | Common Stock | 633 | $0.00 | -- |
| Tax Withholding | Common Stock | 209 | $85.50 | $18K |
| Exercise | Common Stock | 1,687 | $0.00 | -- |
| Tax Withholding | Common Stock | 469 | $85.50 | $40K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 29,318 shares (Direct)
Footnotes (1)
- Insight Enterprises, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calculated based on the closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc. 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 will vest in three equal annual installments beginning February 20, 2024. The restricted stock units were granted on February 20, 2023 with vesting to occur in three equal annual installments beginning February 20, 2024. 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 will vest in three equal annual installments beginning February 20, 2025. The restricted stock units were granted on February 20, 2024 with vesting to occur in three equal annual installments beginning February 20, 2025. 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 will vest in two equal annual installments beginning February 20, 2026. The restricted stock units were granted on February 20, 2025 with vesting to occur in two equal annual installments beginning February 20, 2026.
FAQ
What insider transactions did NSIT’s Samuel C. Cowley report?
Samuel C. Cowley reported multiple exercises of restricted stock units into common stock and related tax-withholding share dispositions. These transactions occurred on February 20, 2026 and reflect equity awards vesting, rather than open-market purchases or discretionary sales of Insight Enterprises, Inc. stock.
What are the key details of the NSIT restricted stock units reported?
The restricted stock units each represent a contingent right to receive one Insight common share. Their number adjusts with company performance against predefined objectives, and they vest in annual installments tied to grant dates in 2023, 2024, and 2025, beginning on February 20 of subsequent years.
How do performance conditions affect Samuel C. Cowley’s NSIT restricted stock units?
The number of restricted stock units can increase or decrease based on Insight’s performance against specific pre-set objectives. These performance-linked RSUs then vest in equal annual installments over two or three years, starting on February 20 following the relevant grant dates outlined in the Form 4 footnotes.