ValueAct Holdings, L.P. - 08 May 2025 Form 4 Insider Report for INSIGHT ENTERPRISES INC (NSIT)

Role: Director, Other*, 10%+ Owner
Signature: VALUEACT HOLDINGS, L.P., By: VALUEACT HOLDINGS GP, LLC, its General Partner, By: /s/ Jason B. Breeding, Authorized Signatory
Issuer symbol: NSIT
Transactions as of: 08 May 2025
Transactions value $: -$78,564,000
Form type: 4
Filing time: 12 May 2025, 16:28:52
Previous filing: 31 May 2024
Next filing: 27 May 2025
SEC: View on sec.gov

Reporting Owners (7)

Name	Relationship	Address	Signature	Signature date	CIK
ValueAct Holdings, L.P.	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO	VALUEACT HOLDINGS, L.P., By: VALUEACT HOLDINGS GP, LLC, its General Partner, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001418814
ValueAct Capital Master Fund, L.P.	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO	VALUEACT CAPITAL MASTER FUND, L.P., By: VA PARTNERS I, LLC, its General Partner, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001464912
VA Partners I, LLC	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO	VA PARTNERS I, LLC, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001418812
ValueAct Capital Management, L.P.	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO	VALUEACT CAPITAL MANAGEMENT, L.P., By: VALUEACT CAPITAL MANAGEMENT, LLC, its General Partner, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001351069
ValueAct Capital Management, LLC	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO	VALUEACT CAPITAL MANAGEMENT, LLC, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001351073
ValueAct Holdings II, L.P.	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO	VALUEACT HOLDINGS II, L.P., By: VALUEACT HOLDINGS GP, LLC, its General Partner, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001763309
ValueAct Holdings GP, LLC	Director, Other*, 10%+ Owner	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO	VALUEACT HOLDINGS GP, LLC, By: /s/ Jason B. Breeding, Authorized Signatory	12 May 2025	0001418813

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NSIT	Common Stock	Sale	-$78.6M	-600K	-14.77%	$130.94	3.46M	08 May 2025	See footnotes	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2	The securities reported herein are directly beneficially owned by ValueAct Capital Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P. , (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. , (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the majority owner of the membership interests of VA Partners I, LLC, (v) ValueAct Holdings II, L.P. as the sole owner of the membership interests of ValueAct Capital Management, LLC and as the majority owner of the limited partnership interests of ValueAct Capital Management, L.P., and (vi) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P. and ValueAct Holdings II, L.P.

Content

Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

The securities reported herein are directly beneficially owned by ValueAct Capital Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P. , (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. , (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the majority owner of the membership interests of VA Partners I, LLC, (v) ValueAct Holdings II, L.P. as the sole owner of the membership interests of ValueAct Capital Management, LLC and as the majority owner of the limited partnership interests of ValueAct Capital Management, L.P., and (vi) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P. and ValueAct Holdings II, L.P.

Remarks:

The reporting persons herein may be deemed to be members of a "group" for purposes of the Securities Exchange Act of 1934, as amended. Each reporting person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by such reporting person. This report shall not be deemed an admission that such reporting person is a member of a group or the beneficial owner of any securities not directly owned by such reporting person. Alexander L. Baum, a Partner at ValueAct Capital, serves on the board of directors of the Issuer. As a result, the other reporting persons herein may be deemed directors by deputization.