Director Bruce Armstrong’s trust converts 405 NSIT RSUs into Insight (NSIT) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insight Enterprises director Bruce Armstrong, through a trust, exercised 405 restricted stock units into an equal number of common shares on May 17, 2026. These units were from a grant made on May 17, 2023 that vests in three equal annual installments. Following this transaction, the trust indirectly holds 14,843 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
405 shares exercised/converted
Mixed
2 txns
Insider
Armstrong Bruce
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 405 | $0.00 | -- |
| Exercise | Common Stock | 405 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Indirect, By Trust);
Common Stock — 14,843 shares (Indirect, By Trust)
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 May 17, 2023 with vesting to occur in three equal annual installments beginning May 17, 2024.
Key Figures
RSUs exercised: 405 shares
Shares held after transaction: 14,843 shares
RSU grant date: May 17, 2023
3 metrics
RSUs exercised
405 shares
Restricted stock units converted to common stock on May 17, 2026
Shares held after transaction
14,843 shares
Indirect common stock holdings by trust after exercise
RSU grant date
May 17, 2023
Grant vests in three equal annual installments beginning May 17, 2024
Key Terms
Restricted Stock Units, derivative security, indirect
3 terms
Restricted Stock Units financial
"The restricted stock units were granted on May 17, 2023 with vesting to occur in three equal annual installments"
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect financial
"ownership_type: indirect; nature_of_ownership: By Trust"
FAQ
What insider transaction did Bruce Armstrong report for NSIT?
Bruce Armstrong reported exercising 405 restricted stock units into 405 shares of Insight Enterprises common stock. The transaction occurred on May 17, 2026 and reflects vesting of a prior equity award rather than an open-market purchase or sale.
What are the terms of Bruce Armstrong’s NSIT restricted stock unit grant?
The restricted stock units were granted on May 17, 2023 and vest in three equal annual installments starting May 17, 2024. Each unit represents a contingent right to receive one share of Insight Enterprises common stock when vesting conditions are satisfied.
Does this NSIT Form 4 show any open-market buying or selling?
No, the filing shows an exercise of 405 restricted stock units into common stock, coded as a derivative exercise (code M). There are no open-market purchase (P) or sale (S) transactions reported in this Form 4 for Insight Enterprises.