Form 4: Ingram Micro CFO Zilis Reports Stock Transactions

Sentiment:

Insider Transaction Report


Ingram Micro's Executive VP & CFO, Michael Zilis, reported the acquisition of 37,833 restricted stock units and the disposition of 2,601 shares for tax withholding.

Summary

  • Michael Zilis, Executive VP & CFO of Ingram Micro Holding Corp (INGM), reported transactions involving the company's common stock.
  • On March 3, 2026, 2,601 shares of common stock were disposed of at a price of $21.35 per share. This disposition was solely to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units (RSUs) and was not a discretionary trade.
  • Following this transaction, Zilis directly beneficially owned 239,231 shares of common stock.
  • On March 4, 2026, Zilis received a new grant of 37,833 restricted stock units (RSUs) at a price of $0.
  • These newly granted RSUs will vest in three equal annual installments, commencing on March 4, 2027, and concluding on March 4, 2029. Each RSU represents the right to receive one share of common stock upon vesting.
  • After the RSU grant, Zilis directly beneficially owned 277,064 shares of common stock.
  • Additionally, Zilis indirectly beneficially owns 28,250 shares of common stock through the Michael and Erin Zilis Trust.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as slightly positive due to the grant of new restricted stock units, which typically serves to align executive incentives with shareholder value, while the disposition for tax purposes is a neutral, routine event.

Positives

  • Michael Zilis, Executive VP & CFO, received a grant of 37,833 restricted stock units (RSUs), aligning management interests with shareholder value.

Negatives

  • 2,601 shares of common stock were disposed of to cover tax withholding obligations, which is a routine non-discretionary transaction.

Future Outlook

The newly granted 37,833 restricted stock units (RSUs) will vest in three equal annual installments, beginning on March 4, 2027, and concluding on March 4, 2029, indicating future equity compensation for the Executive VP & CFO.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as RSU grants and tax-related dispositions, are common practices in executive compensation across various industries, aiming to align management incentives with long-term company performance.

Related Party Transactions

  • Michael Zilis indirectly beneficially owns 28,250 shares of Common Stock through the Michael and Erin Zilis Trust.

Stakeholder Impact

  • Shareholders: The RSU grant aligns the Executive VP & CFO's interests with long-term shareholder value.
  • Employees: No direct impact on general employees is indicated by this filing.

Next Steps

  • The 37,833 restricted stock units granted on March 4, 2026, will vest in three equal annual installments, with the first vesting on March 4, 2027, and the final vesting on March 4, 2029.

Key Dates

DateDescription
03/03/2026Disposition of 2,601 shares of Common Stock for tax withholding related to RSU vesting.
03/04/2026Grant of 37,833 Restricted Stock Units (RSUs) to the Reporting Person.
03/04/2027First annual installment vesting date for the 37,833 RSUs granted on March 4, 2026.
03/04/2029Final annual installment vesting date for the 37,833 RSUs granted on March 4, 2026.

Keywords

Ingram Micro, INGM, Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, CFO, Executive Compensation

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