Insight Enterprises Grants New CEO Jack Azagury Inducement Award Under Nasdaq Listing Rule 5635(c)(4)
Insight Enterprises, Inc. (NSIT)
Last insight enterprises, inc. earnings: 2/12 08:00 am
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Source: Business Wire
CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises (NASDAQ: NSIT) today announced that an inducement equity award has been granted to its new President and Chief Executive Officer, Jack Azagury, on April 15, 2026 (the "Grant Date"). The equity award is consistent with the previously disclosed terms of Mr. Azagury’s offer letter and was approved by the Compensation Committee of the Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4). Insight is issuing this press release pursuant to the requirements of that rule.The equity award consists of a one-time grant of performance-based RSUs (“PSUs”), having a target aggregate grant date value equal to approximately $10,000,000 (such award, the “Inducement Award”). The PSUs have a performance period through April 15, 2029 based on Insight’s achievement during that period against three tier target Absolute Total Shareholder Return of 118%, 160%, and 200% growth in per share stock price for 20 consecutive trading days with
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NSIT
Earnings
- 2/5/26 - Beat
NSIT
Sec Filings
- 4/17/26 - Form 4
- 4/17/26 - Form 4
- 4/17/26 - Form 4
- NSIT's page on the SEC website