Insight Enterprises (NSIT) director trust converts 320 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSIGHT ENTERPRISES INC director Rishi Girish D reported an exercise of restricted stock units held through a trust. On May 21, 2026, a trust associated with him converted 320 restricted stock units into 320 shares of Common Stock, classified as an exercise or conversion of a derivative security.
Following the transaction, the trust held 13,557 shares of Common Stock indirectly. The filing shows this as a routine compensation-related equity settlement rather than an open-market purchase or sale, with no separate buy or sell transactions reported on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
320 shares exercised/converted
Mixed
2 txns
Insider
Rishi Girish D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 320 | $0.00 | -- |
| Exercise | Common Stock | 320 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 320 shares (Indirect, By Trust);
Common Stock — 13,557 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 21, 2024 with vesting to occur in three equal annual installments beginning May 21, 2025.
Key Figures
RSUs exercised: 320 units
Common shares acquired: 320 shares
Post-transaction holdings: 13,557 shares
+2 more
5 metrics
RSUs exercised
320 units
Restricted Stock Units converted to Common Stock on May 21, 2026
Common shares acquired
320 shares
Shares of Common Stock received upon RSU conversion
Post-transaction holdings
13,557 shares
Indirect Common Stock holdings by trust following the transaction
Exercise transactions
1 transaction
Derivative exercise or conversion counted in transaction summary
Net buy/sell direction
neutral
No open-market buys or sells; only derivative exercise reported
Key Terms
Restricted Stock Units, derivative security, indirect ownership, contingent right
4 terms
Restricted Stock Units financial
"The restricted stock units were granted on May 21, 2024 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 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.
indirect ownership financial
"The holding is reported as indirect with the nature of ownership described as By Trust."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock."
FAQ
What insider transaction did NSIT director Rishi Girish D report?
NSIT director Rishi Girish D reported that a trust associated with him exercised 320 restricted stock units into 320 shares of Common Stock. The event is classified as a derivative security exercise, not an open-market stock purchase or sale.
What are the director’s holdings after the NSIT Form 4 transaction?
After the reported exercise, the trust associated with director Rishi Girish D held 13,557 shares of NSIT Common Stock indirectly. This total reflects the position following conversion of 320 restricted stock units into Common Stock on May 21, 2026.
Was the NSIT Form 4 a stock purchase or sale in the open market?
The NSIT Form 4 does not show any open-market stock purchase or sale. It records an exercise or conversion of derivative securities, where 320 restricted stock units were converted into 320 shares of Common Stock held indirectly by a trust.
How are the NSIT restricted stock units described in the Form 4 footnotes?
The footnotes state that each restricted stock unit represents a contingent right to receive one share of Common Stock. They also note these units were originally granted on May 21, 2024, with vesting in three equal annual installments beginning May 21, 2025.