Mullen Joyce A 4
4 · INSIGHT ENTERPRISES INC · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Insight (NSIT) CEO Joyce Mullen Converts RSUs; Shares Withheld
What Happened
- Joyce A. Mullen, Chief Executive Officer of Insight Enterprises, Inc. (NSIT), had multiple restricted stock unit (RSU) vesting/conversion events on February 20, 2026. A total of 23,739 RSU-derived shares were converted (reported as exercise/conversion, code M at $0.00), and the company withheld 8,305 whole shares to satisfy minimum statutory tax withholding obligations (reported as dispositions, code F at $85.50 per share), generating approximately $710,079 in withholding value.
Key Details
- Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (filed within the normal 2-business-day window).
- Conversion (acquired): 23,739 shares (six separate derivative conversion entries at $0.00).
- Withheld/disposed for taxes: 8,305 shares at $85.50 = $710,079 total (sum of individual withholding amounts: $68,999; $144,410; $83,277; $167,751; $50,873; $194,769).
- Shares owned after the transaction: not specified in the provided filing details.
- Relevant footnotes: F1 (company withheld whole shares for tax withholding); F2–F8 explain these were restricted stock units (one RSU = one share), granted in prior years with performance adjustments and multi-year vesting schedules (grants dated Feb 20, 2023–2025 with staggered vesting).
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of exercise price/tax liability (shares withheld).
Context
- This was not an open-market sale or purchase — it was the standard settlement of vested RSUs where the company converted RSUs into shares and retained a portion to cover taxes (a cashless/withholding settlement). Such withholdings are routine and reflect tax obligations rather than an affirmative sale decision by the insider.
- No 10b5-1 plan or other trading plan was disclosed in the provided details. The filing appears timely.
Insider Transaction Report
Form 4
Mullen Joyce A
Chief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2026-02-20+3,064→ 65,602 total - Tax Payment
Common Stock
[F1]2026-02-20$85.50/sh−807$68,999→ 64,795 total - Exercise/Conversion
Common Stock
2026-02-20+4,086→ 68,881 total - Tax Payment
Common Stock
[F1]2026-02-20$85.50/sh−1,689$144,410→ 67,192 total - Exercise/Conversion
Common Stock
2026-02-20+3,559→ 70,751 total - Tax Payment
Common Stock
[F1]2026-02-20$85.50/sh−974$83,277→ 69,777 total - Exercise/Conversion
Common Stock
2026-02-20+4,745→ 74,522 total - Tax Payment
Common Stock
[F1]2026-02-20$85.50/sh−1,962$167,751→ 72,560 total - Exercise/Conversion
Common Stock
2026-02-20+2,260→ 74,820 total - Tax Payment
Common Stock
[F1]2026-02-20$85.50/sh−595$50,873→ 74,225 total - Exercise/Conversion
Common Stock
2026-02-20+6,025→ 80,250 total - Tax Payment
Common Stock
[F1]2026-02-20$85.50/sh−2,278$194,769→ 77,972 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-02-20−3,064→ 0 total→ Common Stock (3,064 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-02-20−4,086→ 0 total→ Common Stock (4,086 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-02-20−3,559→ 3,558 total→ Common Stock (3,559 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-02-20−4,745→ 4,745 total→ Common Stock (4,745 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F7]2026-02-20−2,260→ 4,518 total→ Common Stock (2,260 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F8]2026-02-20−6,025→ 12,048 total→ Common Stock (6,025 underlying)
Footnotes (8)
- [F1]Insight Enterprises, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calculated based on the closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.
- [F3]The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2024.
- [F4]The restricted stock units were granted on February 20, 2023 with vesting to occur in three equal annual installments beginning February 20, 2024.
- [F5]The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2025.
- [F6]The restricted stock units were granted on February 20, 2024 with vesting to occur in three equal annual installments beginning February 20, 2025.
- [F7]The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2026.
- [F8]The restricted stock units were granted on February 20, 2025 with vesting to occur in three equal annual installments beginning February 20, 2026.
Signature
Lisanne Steinheiser, by Power of Attorney, for Joyce A. Mullen|2026-02-24