ALLEN RICHARD E 4
Research Summary
AI-generated summary
NSIT Director Richard Allen Converts 482 Shares, Receives 2,291 RSUs
What Happened
- Richard E. Allen, a director of Insight Enterprises, Inc. (NSIT), had 482 derivative units converted to 482 shares (code M, $0.00) on May 13, 2026 and was granted 2,291 restricted stock units (RSUs) (code A, $0.00) the same day. The conversions/awards show no cash purchase price; the 482-share conversion reflects vested units being settled into shares, while the 2,291 items are RSUs (a contingent right to receive shares in the future).
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely filing).
- Codes: M = exercise/conversion of derivative (482 shares); A = grant/award of derivative (2,291 RSUs).
- Prices: $0.00 per share listed (no cash paid).
- Shares owned after transaction: not stated in the provided filing excerpt.
- Footnotes: F1 = each RSU converts to one share; F2 = the 2nd-year vesting tranche (granted 5/13/2025) vests in three equal annual installments beginning 5/13/2026 (explains the 482-share conversion); F3 = the RSUs granted 5/13/2026 vest in three equal annual installments beginning 5/13/2027.
- No sale or 10b5-1/ tax-withholding code was reported in the provided lines.
Context
- This activity reflects vested RSUs being settled into shares and a new RSU grant — common executive/director compensation actions rather than open-market buying or selling. Because no shares were sold immediately and no cash changed hands, these entries are compensation/vesting events, not discretionary purchases or liquidity events.