Director Catherine Courage converts 405 RSUs into NSIT stock holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insight Enterprises director Catherine Courage exercised restricted stock units into common shares. On May 17, 2026, 405 shares of common stock were acquired through the vesting and conversion of 405 restricted stock units that carried a right to receive one share each. Following this routine equity compensation event, Courage directly holds 12,636 shares of Insight Enterprises common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
405 shares exercised/converted
Mixed
2 txns
Insider
COURAGE CATHERINE
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 (Direct, null);
Common Stock — 12,636 shares (Direct, null)
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
Common shares acquired: 405 shares
Shares owned after transaction: 12,636 shares
+1 more
4 metrics
RSUs exercised
405 shares
Restricted Stock Units converted to common stock on May 17, 2026
Common shares acquired
405 shares
Resulting common stock from RSU conversion
Shares owned after transaction
12,636 shares
Direct common stock holdings after May 17, 2026
RSU grant date
May 17, 2023
Grant of restricted stock units vesting over three years
Key Terms
Restricted Stock Units, contingent right, derivative security, Form 4
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Catherine Courage report for NSIT?
Catherine Courage reported exercising restricted stock units into Insight Enterprises common stock. On May 17, 2026, 405 restricted stock units converted into 405 common shares as part of an equity compensation grant, increasing her direct holdings to 12,636 shares after the transaction.
What are the details of the restricted stock units in the NSIT Form 4?
The restricted stock units were granted on May 17, 2023 and vest in three installments. Vesting occurs in three equal annual installments beginning May 17, 2024, with each unit representing a contingent right to receive one share of Insight Enterprises common stock upon vesting.
Was the NSIT Form 4 transaction a market purchase or sale?
The NSIT Form 4 transaction reflects an equity award vesting, not a market trade. The filing shows a derivative exercise of restricted stock units into common stock at a reported price of $0.00 per share, rather than an open-market buy or sell.