<SEC-DOCUMENT>0001418812-25-000034.txt : 20251201
<SEC-HEADER>0001418812-25-000034.hdr.sgml : 20251201
<ACCEPTANCE-DATETIME>20251201163233
ACCESSION NUMBER:		0001418812-25-000034
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20251201
DATE AS OF CHANGE:		20251201

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INSIGHT ENTERPRISES INC
		CENTRAL INDEX KEY:			0000932696
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				860766246
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-50635
		FILM NUMBER:		251540075

	BUSINESS ADDRESS:	
		STREET 1:		2701 E INSIGHT WAY
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85286
		BUSINESS PHONE:		480-889-9500

	MAIL ADDRESS:	
		STREET 1:		2701 E INSIGHT WAY
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85286

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VA Partners I, LLC
		CENTRAL INDEX KEY:			0001418812
		ORGANIZATION NAME:           	
		EIN:				421745536
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE LETTERMAN DRIVE
		STREET 2:		BUILDING D, 4TH FLOOR
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94129
		BUSINESS PHONE:		415-362-3700

	MAIL ADDRESS:	
		STREET 1:		ONE LETTERMAN DRIVE
		STREET 2:		BUILDING D, 4TH FLOOR
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94129
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
	    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001418812</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>




    </filerInfo>
  </headerData>

  <formData>
    <coverPageHeader>
		<amendmentNo>13</amendmentNo>
	      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <dateOfEvent>11/26/2025</dateOfEvent>
	  <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0000932696</issuerCIK>
        <issuerCUSIP>45765U103</issuerCUSIP>
		<issuerName>Insight Enterprises, Inc.</issuerName>

        <address>
          <com:street1>2701 E INSIGHT WAY</com:street1>
                    <com:city>CHANDLER</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85286</com:zipCode>
        </address>
      </issuerInfo>

	  	  <authorizedPersons>

		<notificationInfo>
			<personName>Jason Breeding,Sonia Muscatine</personName>
			<personPhoneNum>415-362-3700</personPhoneNum>
				<personAddress>
					<com:street1>One Letterman Drive</com:street1>
					<com:street2>Building D, 4th Floor</com:street2>					<com:city>San Francisco</com:city>
					<com:stateOrCountry>CA</com:stateOrCountry>
					<com:zipCode>94129</com:zipCode>
				</personAddress>
		</notificationInfo>
			</authorizedPersons>
	    </coverPageHeader>

	<reportingPersons>


			<reportingPersonInfo>
									<reportingPersonCIK>0001418812</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>VA Partners I, LLC</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>






				  				  				  <fundType>OO</fundType>


				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>DE</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>












			  			  <typeOfReportingPerson>OO</typeOfReportingPerson>


			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5
(14) LLC</commentContent>

			</reportingPersonInfo>

			<reportingPersonInfo>
									<reportingPersonCIK>0001464912</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>ValueAct Capital Master Fund, L.P.</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>





				  				  <fundType>WC</fundType>



				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>D8</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>






			  			  <typeOfReportingPerson>PN</typeOfReportingPerson>








			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5</commentContent>

			</reportingPersonInfo>

			<reportingPersonInfo>
									<reportingPersonCIK>0001351069</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>ValueAct Capital Management, L.P.</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>






				  				  				  <fundType>OO</fundType>


				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>DE</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>






			  			  <typeOfReportingPerson>PN</typeOfReportingPerson>








			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5</commentContent>

			</reportingPersonInfo>

			<reportingPersonInfo>
									<reportingPersonCIK>0001351073</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>ValueAct Capital Management, LLC</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>






				  				  				  <fundType>OO</fundType>


				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>DE</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>












			  			  <typeOfReportingPerson>OO</typeOfReportingPerson>


			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5
(14) LLC</commentContent>

			</reportingPersonInfo>

			<reportingPersonInfo>
									<reportingPersonCIK>0001418814</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>ValueAct Holdings, L.P.</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>






				  				  				  <fundType>OO</fundType>


				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>DE</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>






			  			  <typeOfReportingPerson>PN</typeOfReportingPerson>








			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5</commentContent>

			</reportingPersonInfo>

			<reportingPersonInfo>
									<reportingPersonCIK>0001763309</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>ValueAct Holdings II, L.P.</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>






				  				  				  <fundType>OO</fundType>


				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>DE</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>






			  			  <typeOfReportingPerson>PN</typeOfReportingPerson>








			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5</commentContent>

			</reportingPersonInfo>

			<reportingPersonInfo>
									<reportingPersonCIK>0001418813</reportingPersonCIK>

				<reportingPersonNoCIK>N</reportingPersonNoCIK>
				<reportingPersonName>ValueAct Holdings GP, LLC</reportingPersonName>

								<memberOfGroup>a</memberOfGroup>






				  				  				  <fundType>OO</fundType>


				<legalProceedings>N</legalProceedings>

								<citizenshipOrOrganization>DE</citizenshipOrOrganization>
												<soleVotingPower>0.00</soleVotingPower>
												<sharedVotingPower>1446739.00</sharedVotingPower>
												<soleDispositivePower>0.00</soleDispositivePower>

				<sharedDispositivePower>1446739.00</sharedDispositivePower>
												<aggregateAmountOwned>1446739.00</aggregateAmountOwned>

				<isAggregateExcludeShares>N</isAggregateExcludeShares>

								<percentOfClass>4.7</percentOfClass>












			  			  <typeOfReportingPerson>OO</typeOfReportingPerson>


			  			  <commentContent>(4) See Item 3
(8, 10, 11) See Item 2 and 5
(14) LLC</commentContent>

			</reportingPersonInfo>
			</reportingPersons>


	<items1To7>
		<item1>
			<securityTitle>Common Stock</securityTitle>
			<issuerName>Insight Enterprises, Inc.</issuerName>

			<issuerPrincipalAddress>
			 <com:street1>2701 E INSIGHT WAY</com:street1>
			  			  <com:city>CHANDLER</com:city>
			  <com:stateOrCountry>AZ</com:stateOrCountry>
			  <com:zipCode>85286</com:zipCode>
			</issuerPrincipalAddress>

						<commentText>This Amendment No. 13 supplements the information set forth in the Schedule 13D filed by the Reporting Persons with the United States Securities and Exchange Commission (the "SEC"), as amended from time to time (the "Schedule 13D"), relating to Common Stock, par value $0.01 (the "Common Stock"), of INSIGHT ENTERPRISES, INC., a Delaware corporation (the "Issuer"). All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. The Schedule 13D is hereby supplementally amended as follows:</commentText>
					</item1>




				<item5>
			 <percentageOfClassSecurities>The responses to Items 3, 4 and 6 of this Schedule 13D are incorporated herein by reference.

     (a) and (b). Set forth below is the beneficial ownership of shares of Common Stock of the Issuer for each person named in Item 2. Shares reported as beneficially owned by ValueAct Master Fund are also reported as beneficially owned by (i) ValueAct Management L.P. as the manager of each such investment partnership, (ii) ValueAct Management LLC, as General Partner of ValueAct Management L.P., (iii) ValueAct Holdings, as the majority owner of the membership  interests of VA Partners I, (iv) ValueAct Holdings II, as the sole owner of the limited partnership interests of ValueAct Management L.P. and the membership interests of ValueAct Management LLC, and (v) ValueAct Holdings GP, as General Partner of ValueAct Holdings and ValueAct Holdings II.  Shares reported as beneficially owned by ValueAct Master Fund are also reported as beneficially owned by VA Partners I, as General Partner of ValueAct Master Fund.  VA Partners I, ValueAct Management L.P., ValueAct Management LLC, ValueAct Holdings, ValueAct Holdings II, and ValueAct Holdings GP also, directly or indirectly, may own interests in one or more than one of the partnerships from time to time. Unless otherwise indicated below, by reason of such relationship ValueAct Master Fund is reported as having shared power to vote or to direct the vote, and shared power to dispose or direct the disposition of, such shares of Common Stock, with VA Partners I (only with respect to ValueAct Master Fund), ValueAct Management L.P., ValueAct Management LLC, ValueAct Holdings, ValueAct Holdings II, and ValueAct Holdings GP.

     As of the date hereof, the Reporting Persons may be deemed to be the beneficial owner of 1,446,739 shares of Common Stock, representing approximately 4.7% of the Issuer's outstanding Common Stock. All percentages set forth in this Schedule 13D are based upon the Issuer's reported 30,979,597 outstanding shares of Common Stock as of October 24, 2025 as reported in the Issuer's Form 10-Q for the fiscal period ended September 30, 2025.</percentageOfClassSecurities>			<numberOfShares>The response to Item 5(a) is incorporated herein by reference.</numberOfShares>			<transactionDesc>Information concerning transactions in Common Stock of the Issuer effected by the Reporting Persons since the date of the previous filing is set forth in Exhibit 1 attached hereto and is incorporated herein by reference.</transactionDesc>			<listOfShareholders>Not applicable.</listOfShareholders>			<date5PercentOwnership> As of November 26, 2025, the Reporting Persons have ceased to be beneficial owners of more than five percent of Issuer's Common Stock, and accordingly, their obligation to file a Schedule 13D has been terminated.</date5PercentOwnership>		</item5>


				<item7>
			<filedExhibits>Exhibit 1: Transactions in Securities of the Issuer</filedExhibits>
		</item7>

	</items1To7>

<signatureInfo>

	<signaturePerson>
		<signatureReportingPerson>VA Partners I, LLC</signatureReportingPerson>

					<signatureDetails>
				<signature>/s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>

	<signaturePerson>
		<signatureReportingPerson>ValueAct Capital Master Fund, L.P.</signatureReportingPerson>

					<signatureDetails>
				<signature>/s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory, VA Partners I, LLC, its General Partner</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>

	<signaturePerson>
		<signatureReportingPerson>ValueAct Capital Management, L.P.</signatureReportingPerson>

					<signatureDetails>
				<signature> /s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory, ValueAct Capital Management, LLC, its General Partner</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>

	<signaturePerson>
		<signatureReportingPerson>ValueAct Capital Management, LLC</signatureReportingPerson>

					<signatureDetails>
				<signature> /s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>

	<signaturePerson>
		<signatureReportingPerson>ValueAct Holdings, L.P.</signatureReportingPerson>

					<signatureDetails>
				<signature> /s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory, ValueAct Holdings GP, LLC, its General Partner</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>

	<signaturePerson>
		<signatureReportingPerson>ValueAct Holdings II, L.P.</signatureReportingPerson>

					<signatureDetails>
				<signature>/s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory, ValueAct Holdings GP, LLC, its General Partner</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>

	<signaturePerson>
		<signatureReportingPerson>ValueAct Holdings GP, LLC</signatureReportingPerson>

					<signatureDetails>
				<signature>/s/ Jason B. Breeding</signature>
				<title>Jason B. Breeding, Authorized Signatory</title>
				<date>12/01/2025</date>
			</signatureDetails>

	</signaturePerson>



</signatureInfo>
</formData>



</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>ex-1-12012025_091245.htm
<DESCRIPTION>TRANSACTIONS IN SECURITIES OF THE ISSUER
<TEXT>
<!DOCTYPE html PUBLIC "-//IETF//DTD HTML//EN">
<html><head><title>ex-1-12012025_091245.htm</title></head><body style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<p style="margin:0px; font-size:12pt" align="right"><b>Exhibit 1</b></p>
<p style="margin-top:0px; margin-bottom:10.667px; font-size:12pt" align="center"><b>TRANSACTIONS IN SECURITIES OF THE ISSUER</b></p>
<p style="margin-top:0px; margin-bottom:10.667px; text-indent:48px; font-size:12pt">The following table sets forth all transactions with respect to shares of Common Stock effected since the date of the previous filing to this Schedule 13D by the Reporting Persons, inclusive of any transactions effected through 4:00 p.m., New York City time, on December 1, 2025. Except as otherwise noted below, all such transactions were purchases or sales of shares of Common Stock effected in the open market.</p>
<p style="margin-top:0px; margin-bottom:10.667px; font-size:12pt">Reporting Person: ValueAct Master Fund</p>
<p style="margin-top:0px; margin-bottom:10.667px"><br></p>
<table style="margin-top:0px; font-size:10pt" cellpadding="0" cellspacing="0" width="100%" align="center"><tr style="font-size:0"><td width="95.267"></td><td width="69.867"></td><td width="92.067"></td><td width="76.133"></td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin:0px; font-size:12pt"><b>Date of Transaction</b></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin:0px; font-size:12pt"><b>Buy/Sell </b></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin:0px; font-size:12pt"><b>Shares Bought (Sold) </b></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin:0px; font-size:12pt"><b>Price Per Share </b></p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin:0px; font-size:12pt">10/29/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin:0px; font-size:12pt">Sell </p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin:0px; font-size:12pt">(9,800)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin:0px; font-size:12pt">$105.09 </p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">10/30/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(1,101)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$105.01</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/19/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(34,099)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$86.72</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/20/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(1,553)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$85.11</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/21/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(500)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$85.00</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/24/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(9,947)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$85.04</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/25/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(38,000)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$85.20</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/26/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(70,000)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$86.31</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">11/28/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(20,000)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$86.61</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">12/01/2025</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">Sell</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">(35,000)</p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px; font-size:12pt">$87.17</p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td></tr><tr><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="95.267"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="69.867"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="92.067"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td><td style="margin-top:0px; padding-left:4px; padding-top:0px; padding-right:4px; padding-bottom:0px" width="76.133"><p style="margin-top:8px; margin-bottom:0px"><br></p>
</td></tr></table><p style="margin-top:0px; margin-bottom:10.667px"><br></p>
<p style="margin-top:0px; margin-bottom:10.667px"><br><br></p>
</body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
