Insight Enterprises (NSIT) director’s trust converts 405 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insight Enterprises director Timothy A. Crown, through a trust, exercised restricted stock units into common stock of Insight Enterprises, Inc. The filing shows an exercise of 405 shares of Common Stock on May 17, 2026, arising from previously granted restricted stock units.
The related derivative position in 405 restricted stock units was reduced to zero, and indirect trust holdings of common stock increased to 92,840 shares following the transaction. Footnotes explain these restricted stock units were granted on May 17, 2023 and vest in three equal annual installments beginning May 17, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
405 shares exercised/converted
Mixed
2 txns
Insider
CROWN TIMOTHY A
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 — 92,840 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 units
Common shares acquired: 405 shares
Post-transaction holdings: 92,840 shares
+3 more
6 metrics
RSUs exercised
405 units
Restricted stock units converted into common stock on May 17, 2026
Common shares acquired
405 shares
Common Stock received by trust from RSU exercise
Post-transaction holdings
92,840 shares
Indirect Common Stock holdings by trust following transaction
Exercise transactions
1 transaction
Exercise or conversion of derivative security reported in Form 4
Grant date of RSUs
May 17, 2023
Original grant date for restricted stock units
Vesting schedule
3 equal annual installments
RSUs vest beginning May 17, 2024
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, indirect, contingent right
4 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
indirect financial
"ownership_type: indirect; nature_of_ownership: By Trust"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock..."