Form 4: Insight Enterprises Director Anthony Ibarguen Reports Stock Transactions
SEC Form 4 Filing
Director Anthony Ibarguen reports the vesting and conversion of restricted stock units into common stock over three days in May.
Summary
- Anthony Ibarguen, a director at Insight Enterprises Inc. (NSIT), reported transactions involving restricted stock units.
- On May 17, 2024, 405 restricted stock units vested and were converted into 405 shares of common stock.
- On May 18, 2024, 513 restricted stock units vested and were converted into 513 shares of common stock.
- On May 19, 2024, 411 restricted stock units vested and were converted into 411 shares of common stock.
- Following these transactions, Ibarguen directly owns 19,743 shares of Insight Enterprises Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of stock transactions related to vested restricted stock units.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives and directors who receive stock-based compensation. It provides transparency into their holdings and trading activities.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard vesting of stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| May 17, 2023 | Restricted stock units granted, vesting in three equal annual installments beginning May 17, 2024. |
| May 18, 2022 | Restricted stock units granted, vesting in three equal annual installments beginning May 18, 2023. |
| May 19, 2021 | Restricted stock units granted, vesting in three equal annual installments beginning May 19, 2022. |
| May 17, 2024 | 405 restricted stock units vested and converted to common stock. |
| May 18, 2024 | 513 restricted stock units vested and converted to common stock. |
| May 19, 2024 | 411 restricted stock units vested and converted to common stock. |
| May 21, 2024 | Date of Form 4 filing. |
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