Form 4: Insight Enterprises CFO James Morgado Reports Stock Transactions
SEC Form 4 Filing
James Morgado, CFO of Insight Enterprises, reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- On February 12, 2025, James A. Morgado, the Chief Financial Officer of Insight Enterprises Inc., reported transactions involving the company's common stock.
- Morgado acquired 1,629 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 485 shares were disposed of to satisfy tax withholding obligations at a price of $166.35 per share.
- Following these transactions, Morgado directly owns 8,528 shares of Insight Enterprises Inc.
- The restricted stock units were granted on February 20, 2022, and vested on February 12, 2025, after performance results were approved by the Board of Directors Compensation Committee.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/20/2022 | Restricted stock units were granted with a three year measurement period ending December 31, 2024. |
| 12/31/2024 | End of the three year measurement period for the restricted stock units. |
| 02/12/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/14/2025 | Date of Form 4 filing. |
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