Crump Rachael Ann Bertrandt 4
Research Summary
AI-generated summary
Insight (NSIT) CAO Rachael Crump Exercises RSUs; Shares Withheld
What Happened Rachael Ann Bertrandt Crump, Chief Accounting Officer of Insight Enterprises (NSIT), had multiple restricted stock units (RSUs) vest/convert on February 20, 2026. Six conversion events produced 1,337 shares that were issued (exercise/conversion, code M). To satisfy statutory tax withholding, the company withheld 426 whole shares at $85.50 per share (codes F), resulting in cash withheld of about $36,425. At the same time she was granted two RSU awards (codes A) totaling 4,095 RSUs (2,340 and 1,755 units) that carry vesting schedules and, for some grants, performance adjustments. Net immediate shares received after withholding: 911 shares (1,337 issued − 426 withheld).
Key Details
- Transaction date: February 20, 2026; Form 4 filed Feb 24, 2026 (timely within reporting window).
- Converted/issued shares: 191, 255, 192, 256, 121 and 322 = 1,337 shares (code M).
- Shares withheld for taxes (disposals, code F): 61, 81, 61, 82, 38 and 103 = 426 shares; withholding price used: $85.50/share; total withholding ≈ $36,425.
- New RSU awards (code A, derivative): 2,340 and 1,755 RSUs = 4,095 RSUs (future vesting).
- Net immediate change: +911 shares to the insider, plus 4,095 RSUs awarded.
- Footnotes: F1 notes statutory tax withholding and valuation based on closing price; F2 confirms each RSU equals a contingent right to one share; other footnotes indicate different grant dates, vesting schedules, and that some grants are performance-adjusted.
- Shares owned after the transaction are not specified in the provided excerpt.
Context This filing reflects routine compensation activity — vested RSUs converting to shares and simultaneous tax-withholding (a cashless-like settlement), plus new RSU grants that vest in future years (some subject to performance adjustments). Codes: M = exercise/conversion of derivative (RSU conversion), F = tax withholding, A = award/grant. Such withholding is standard and should not be interpreted as a directional buy/sell signal by itself.