Armstrong Bruce 4
Research Summary
AI-generated summary
Insight Enterprises (NSIT) Director Bruce Armstrong Converts RSUs to 405 Shares
What Happened Bruce Armstrong, a director of Insight Enterprises, converted 405 restricted stock units into 405 shares of Insight common stock on May 17, 2026. The filing reports an exercise/conversion (transaction code M) at $0.00 per share (no cash paid). The Form 4 was filed on May 19, 2026.
Key Details
- Transaction date: 2026-05-17; reported on Form 4 filed 2026-05-19 (appears timely).
- Transaction type: Conversion/exercise of derivative (code M) — 405 shares acquired at $0.00 per share (reported value $0).
- Shares owned following the transaction: Not specified in the provided filing details.
- Footnotes: F1 = each restricted stock unit (RSU) converts to one share; F2 = RSUs were granted May 17, 2023 and vest in three equal annual installments beginning May 17, 2024.
- No indication of an immediate sale or 10b5-1 plan in the filing.
Context This was a routine vesting/conversion of RSUs (not an open-market purchase or sale). According to the footnote, the conversion aligns with the scheduled vesting from a May 17, 2023 grant (one of the planned annual installments). Such conversions are standard compensation events and do not by themselves signal insider buying or selling intent.