NSIT Insider’s $157K Tax Sale Offset by RSU Award Gain
Rhea-AI Filing Summary
Insight Enterprises (NASDAQ:NSIT) President INA Daniel Burger filed a Form 4 disclosing routine equity-compensation activity.
On 06/15/2025 Burger converted 2,621 restricted stock units into common shares (transaction code “M”), then disposed of 1,193 shares at $131.05 (code “F”) to satisfy statutory tax-withholding requirements. The tax sale was valued at roughly $157 thousand.
After the transactions, his direct ownership increased by 1,428 shares, or approximately 7.1 %, to 21,518 shares. No open-market trades were reported, and the filing cites performance-based vesting schedules that began on June 15, 2023.
Positive
- Net increase of 1,428 shares (≈7 % of prior holding) retained by the insider after RSU vesting
Negative
- 1,193 shares sold for tax withholding, valued at ≈$157 k, representing ≈6 % of previous holdings
Insights
TL;DR: Routine RSU vesting; net insider holding up 7%, tax sale neutral overall.
The Form 4 reflects standard compensation mechanics. Burger allowed 2,621 RSUs to settle and withheld 1,193 shares for taxes, ending with 1,428 additional shares. Because the sale was purely to cover statutory obligations and represents roughly 6 % of his pre-transaction stake, the signal is largely neutral—neither aggressive accumulation nor discretionary divestiture. Investors may view the modest net increase as slightly reassuring but not materially informative regarding Insight’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,199 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,422 | $0.00 | -- |
| Exercise | Common Stock | 1,199 | $0.00 | -- |
| Tax Withholding | Common Stock | 546 | $131.05 | $72K |
| Exercise | Common Stock | 1,422 | $0.00 | -- |
| Tax Withholding | Common Stock | 647 | $131.05 | $85K |
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 June 15, 2023. The restricted stock units were granted on June 15, 2022 with vesting to occur in three equal annual installments beginning June 15, 2023.