Form 4: Insight Enterprises Executive Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Robert Douglas Green, Chief Digital Officer of Insight Enterprises, executed stock options and disposed of shares to cover tax withholding obligations on August 10, 2024.
Summary
- On August 10, 2024, Robert Douglas Green, Chief Digital Officer of Insight Enterprises, exercised restricted stock units, converting them into common stock.
- He acquired 194 shares and 151 shares of common stock through the exercise of restricted stock units.
- Simultaneously, he disposed of 47 shares and 36 shares of common stock to satisfy tax withholding obligations at a price of $187.72 per share.
- Following these transactions, Green directly owns 6,262 shares of Insight Enterprises common stock.
- He also continues to hold 0 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects standard executive compensation practices and tax obligations.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/10/2021 | Date restricted stock units were granted. |
| 08/10/2022 | First vesting date for restricted stock units. |
| 08/10/2024 | Date of transaction: exercise of stock options and disposal of shares for tax obligations. |
| 08/13/2024 | Date of Form 4 filing. |
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