Form 4: Insight Enterprises Director Linda M. Breard Reports Stock Transactions
SEC Form 4 Filing
Director Linda M. Breard reported the vesting and subsequent selling of restricted stock units into common stock over three days in May.
Summary
- Linda M. Breard, a director of Insight Enterprises Inc., filed a Form 4 detailing changes in beneficial ownership.
- The transactions involved the vesting of restricted stock units (RSUs) and their conversion into common stock.
- These transactions occurred on May 17, 2024, May 18, 2024, and May 19, 2024.
- On May 17, 405 RSUs vested and were converted to common stock, which were then disposed of.
- On May 18, 513 RSUs vested and were converted to common stock, which were then disposed of.
- On May 19, 411 RSUs vested and were converted to common stock, which were then disposed of.
- Following these transactions, Ms. Breard still beneficially owns 10,686 shares of Insight Enterprises Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company director, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small percentage of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| May 17, 2023 | Date restricted stock units were granted, vesting annually beginning May 17, 2024 (405 shares). |
| May 18, 2022 | Date restricted stock units were granted, vesting annually beginning May 18, 2023 (513 shares). |
| May 19, 2021 | Date restricted stock units were granted, vesting annually beginning May 19, 2022 (411 shares). |
| May 17, 2024 | Transaction date: 405 restricted stock units vested and converted to common stock, then disposed of. |
| May 18, 2024 | Transaction date: 513 restricted stock units vested and converted to common stock, then disposed of. |
| May 19, 2024 | Transaction date: 411 restricted stock units vested and converted to common stock, then disposed of. |
| May 21, 2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.