COURAGE CATHERINE 4
Research Summary
AI-generated summary
NSIT Director Catherine Courage Converts RSUs to 640 Shares
What Happened
Catherine Courage, a director of Insight Enterprises, converted restricted stock units (derivative transactions reported as code M) into a total of 640 shares on May 21, 2026. The filings show two separate conversions of 320 shares each, reported at $0.00 per share (no cash exchanged) — a vesting/conversion of equity awards rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-21 (two conversions of 320 shares each; total 640 shares).
- Reported price: $0.00 per share; total reported value $0.
- Filing date: 2026-05-26 (filed 5 days after the transaction; appears late relative to the typical two-business-day Form 4 deadline).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — each restricted stock unit (RSU) equals a contingent right to one share; F2 — the RSUs were granted May 21, 2024 and vest in three equal annual installments beginning May 21, 2025.
Context
This was a routine vesting/conversion of equity awards (RSUs), which is compensation-related and does not by itself indicate a buy or sell decision. The filing does not show an immediate sale of the shares (i.e., no cashless exercise or disposition reported). Because the filing was submitted several days after the transaction date, retail investors may want to note the timeliness issue but otherwise treat this as routine director compensation vesting.