Insight Enterprises director exercises 405 RSUs
Insight Enterprises director Linda M. Breard exercised previously granted restricted stock units, converting 405 units into the same number of common shares.
Rhea-AI Filing Summary
Insight Enterprises director Linda M. Breard exercised previously granted restricted stock units, converting 405 units into the same number of common shares. This compensation-related transaction did not involve an open-market purchase or sale. Following the exercise, she directly holds 12,811 shares of Insight Enterprises common stock.
The footnotes explain that each restricted stock unit represents a contingent right to receive one share of common stock. These units were originally granted on May 17, 2023 and were scheduled to vest in three equal annual installments beginning May 17, 2024, making this exercise part of that vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
405 shares exercised/converted
Exercise
2 txns
Insider
Breard Linda M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 405 | $0.00 | $0.00 |
| Exercise | Common Stock | 405 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 12,811 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.
- F2. 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
Shares acquired via RSU conversion: 405 shares
Post-transaction holdings: 12,811 shares
RSU grant date: May 17, 2023
+2 more
5 metrics
Shares acquired via RSU conversion
405 shares
Restricted stock units converted to common stock on May 17, 2026
Post-transaction holdings
12,811 shares
Common stock directly owned after the Form 4 transaction
RSU grant date
May 17, 2023
Original grant date of restricted stock units that later vested
Vesting schedule
3 equal annual installments
RSUs vest annually beginning May 17, 2024 per footnote
Exercise transactions
1 exercise, 405 shares
Aggregate derivative exercise activity summarized in transaction data
Key Terms
Restricted Stock Units, contingent right, derivative security, vesting
4 terms
Restricted Stock Units financial
"The transaction involved "Restricted Stock Units" that converted into common stock."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock."
derivative security financial
"Transaction code M is described as an 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.
vesting financial
"The restricted stock units were granted with vesting to occur in three equal annual installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NSIT director Linda M. Breard report on this Form 4?
Linda M. Breard reported exercising restricted stock units into 405 shares of Insight Enterprises common stock. This was an equity compensation event, not an open-market trade, reflecting vesting of previously granted RSUs into actual shares.
What type of security did the NSIT Form 4 transaction involve?
The transaction involved restricted stock units that converted into common stock. Each restricted stock unit represented a contingent right to receive one share of Insight Enterprises common stock, which became actual shares upon vesting and exercise.
When were Linda M. Breard’s NSIT restricted stock units originally granted and how do they vest?
The restricted stock units were granted on May 17, 2023. According to the footnotes, they vest in three equal annual installments beginning May 17, 2024, making this transaction part of that multi-year vesting schedule.
Does Linda M. Breard’s NSIT Form 4 show any stock being sold on the market?
The Form 4 does not show any open-market sales by Linda M. Breard. It reports an exercise or conversion of derivative securities (restricted stock units) into common shares, a standard compensation-related transaction rather than a discretionary market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
