Morgado James A. 4
Research Summary
AI-generated summary
Insight (NSIT) CFO James Morgado Receives RSUs; 936 Shares Withheld
What happened
- James A. Morgado, Chief Financial Officer of Insight Enterprises, received grants and conversions of restricted stock units (RSUs) on February 20, 2026. The filing shows two grants of RSUs (8,422 and 6,316 shares — total 14,738 RSUs granted) and multiple conversions/exercises of derivative awards that resulted in 3,144 shares being issued (383, 511, 301, 402, 422 and 1,125). To satisfy statutory tax withholding, the company withheld 936 whole shares (disposed) at $85.50 per share, totaling about $80,000. The RSU awards/ conversions are shown with $0 exercise price (typical for RSU vesting/conversion).
Key details
- Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (timely within required period).
- Grants: 8,422 RSUs and 6,316 RSUs (total 14,738 RSUs granted).
- Conversions/exercises: 3,144 shares converted/issued (listed as derivative exercises/conversions with $0 exercise price).
- Tax withholding: 936 shares withheld/disposed to satisfy taxes at $85.50 per share; reported cash value ≈ $80,030.
- Footnotes: Filing indicates these are restricted stock units (each RSU represents the right to one share) and that the company withheld whole shares to meet statutory tax withholding obligations; vesting is described as occurring in three equal annual installments (per the filing footnotes).
- Shares owned after the transactions: not specified in the excerpt provided in this summary — see the full Form 4 on EDGAR for ending holdings.
Context
- These entries reflect RSU grants and the normal vesting/conversion process rather than an open-market sale. The $0 exercise price and the simultaneous withholding of shares for taxes indicate a cashless settlement for tax purposes (the company kept shares instead of a cash payment).
- For retail investors: such transactions are typically routine compensation events for executives and do not necessarily signal a buy / sell decision about the company’s stock.