Gregory Adrian P 4
Research Summary
AI-generated summary
INSIGHT (NSIT) President Gregory Adrian Exercises/Receives RSUs; Shares Withheld
What Happened
Gregory Adrian, President, EMEA of Insight Enterprises (NSIT), had restricted stock units (RSUs) convert/vest on February 20, 2026. Multiple derivative conversions and award entries show he acquired a number of shares via exercise/conversion and award grants (zero exercise price). To satisfy tax withholding obligations the company withheld 1,338 whole shares at $85.50 per share, generating roughly $114,400 in withholding proceeds.
Key Details
- Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (within the usual 2‑business‑day filing window).
- Withholding sales (code F): 1,338 shares withheld at $85.50/share for taxes, total ≈ $114,400.
- Derivative/vesting activity (codes M and A): multiple exercises/conversions and awards recorded (zero per‑share exercise price for those entries).
- Shares owned after transaction: not specified in the provided filing summary.
- Relevant footnotes: F1 (company withheld whole shares to satisfy statutory tax withholding), F2 (each RSU = contingent right to one share), and other footnotes in the filing describe grant/vesting schedules (prior grants with staged vesting).
- Transaction codes: M = option/derivative exercise or conversion; A = award/grant; F = shares withheld to pay taxes.
Context
- This appears to be a routine RSU vesting/cashless settlement where the company withheld shares rather than requiring a cash payment for taxes — a common practice that does not by itself signal bullish or bearish intent.
- For retail investors, purchases are generally more informative than withholding/sale-to-cover events; these entries reflect compensation vesting and tax withholding rather than an open‑market sale or purchase.