Form 4: Insight Enterprises CFO Glynis Bryan Reports Stock Transactions
SEC Form 4 Filing
Glynis Bryan, CFO of Insight Enterprises, reports the vesting of restricted stock units and associated tax withholding.
Summary
- Glynis Bryan, the CFO of Insight Enterprises, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On November 10, 2024, 1,193 restricted stock units vested, converting into common stock.
- The company withheld 511 shares to cover statutory tax obligations at a price of $170.79 per share.
- Following these transactions, Bryan directly owns 99,040 shares of common stock and 1,193 restricted stock units.
- These restricted stock units were granted on November 10, 2021, and vest in four equal annual installments starting November 10, 2022.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock vesting, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 11/10/2021 | Restricted stock units were granted. |
| 11/10/2022 | First vesting date of the restricted stock units. |
| 11/10/2024 | Restricted stock units vested and shares were withheld for taxes. |
| 11/12/2024 | Date of Form 4 filing. |
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