[Form 4] HEALTHCARE SERVICES GROUP INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons Kurt JR reported acquisition or exercise transactions in this Form 4 filing.
HEALTHCARE SERVICES GROUP INC director Kurt Simmons Jr. received a grant of 1,969 shares of common stock in the form of unvested deferred stock units at a reference price of $20.32 per share. These units will fully vest on the one-year anniversary of the grant date and will be settled in shares of common stock upon specified future events.
After this award, Simmons holds 30,159 deferred stock units, consisting of 4,775 unvested units and 25,384 vested units that are scheduled to be settled in stock under the company’s long-term compensation arrangements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simmons Kurt JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,969 | $20.32 | $40K |
Holdings After Transaction:
Common Stock — 30,159 shares (Direct, null)
Footnotes (1)
- Represents a grant of unvested deferred stock units ("DSU") which will become fully vested on the one year anniversary of the grant date. Such DSUs will be settled in shares of common stock on the first to occur of (i) five-year anniversary of the Date of Grant, (ii) the Participant's date of death, disability or separation from service; or (iii) the date of a Change of Control (the "Settlement Date"). A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A. Amount represents 4,775 unvested DSUs and 25,384 vested DSUs.
Key Figures
Deferred stock units granted: 1,969 shares
Grant reference price: $20.32 per share
Total DSUs after grant: 30,159 units
+3 more
6 metrics
Deferred stock units granted
1,969 shares
Award of unvested DSUs on 2026-05-26
Grant reference price
$20.32 per share
Price per share for DSU grant
Total DSUs after grant
30,159 units
Holdings following transaction
Unvested DSUs
4,775 units
Portion of DSUs not yet vested
Vested DSUs
25,384 units
Portion of DSUs already vested
Vesting period
1 year
New DSUs fully vest one year after grant date
Key Terms
deferred stock units, Change of Control, Code Section 409A, separation from service
4 terms
deferred stock units financial
"Represents a grant of unvested deferred stock units ("DSU") which will become fully vested..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Change of Control financial
"or (iii) the date of a Change of Control (the "Settlement Date")."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Code Section 409A regulatory
"A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A."
separation from service financial
"the Participant's date of death, disability or separation from service; or (iii) the date..."