STOCK TITAN

Healthcare Services Group (HCSG) CFO gains new restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Healthcare Services Group Inc. executive vice president and chief financial officer Vikas Singh reported routine equity compensation activity. He exercised 935 Restricted Stock Units into an equal number of common shares at a reference price of $20.60 per share, increasing his direct holdings to 12,277 shares. He also received a new grant of 2,202 Restricted Stock Units tied to common stock at the same reference price, bringing his direct holdings to 13,212 shares. The new Restricted Stock Units vest at a rate of 20% each year, starting on the first anniversary of the May 27, 2025 grant date.

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Insider Singh Vikas
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,202 $20.60 $45K
Exercise Restricted Stock Units 935 $20.60 $19K
Holdings After Transaction: Restricted Stock Units — 13,212 shares (Direct, null)
Footnotes (1)
  1. Shares issued at the conversion rate of 1-for-1. These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the May 27, 2025 grant date. Represents shares withheld to pay taxes.
RSUs exercised 935 units at $20.60 Exercise or conversion of derivative security on May 27, 2026
RSUs granted 2,202 units at $20.60 Grant, award, or other acquisition on May 27, 2026
Shares after exercise 12,277 shares Direct holdings following RSU exercise
Shares after grant 13,212 shares Direct holdings following RSU grant
Vesting schedule 20% annually RSUs vesting starting first anniversary of May 27, 2025 grant
Restricted Stock Units financial
"These Restricted Stock Units shall vest at the rate of 20% annually"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vest financial
"These Restricted Stock Units shall vest at the rate of 20% annually"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Singh Vikas

(Last)(First)(Middle)
3220 TILLMAN DR
SUITE 300

(Street)
BENSALEM PENNSYLVANIA 19020

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HEALTHCARE SERVICES GROUP INC [ HCSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/27/2026A2,202 (2) (2)Common Stock2,202$20.613,212D
Restricted Stock Units(3)05/27/2026M935 (2) (2)Common Stock935$20.612,277D
Explanation of Responses:
1. Shares issued at the conversion rate of 1-for-1.
2. These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the May 27, 2025 grant date.
3. Represents shares withheld to pay taxes.
Remarks:
Michael Harrity, by Power of Attorney05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did HCSG CFO Vikas Singh report on this Form 4?

Vikas Singh reported two acquire-side equity transactions. He exercised 935 Restricted Stock Units into common shares and received a new grant of 2,202 Restricted Stock Units, all held directly, as part of his equity compensation package.

How many Healthcare Services Group (HCSG) shares does the CFO hold after these transactions?

After the reported transactions, the CFO directly holds 13,212 shares. His holdings rose first to 12,277 shares after exercising 935 Restricted Stock Units, then to 13,212 following the grant of 2,202 additional Restricted Stock Units.

What was the price reference for the HCSG restricted stock unit transactions?

Both transactions used a $20.60 per share reference price. The exercise of 935 Restricted Stock Units and the grant of 2,202 additional Restricted Stock Units were each reported with this price, providing a consistent valuation reference for the equity awards.

How do the new HCSG restricted stock units granted to the CFO vest?

The 2,202 newly granted Restricted Stock Units vest in installments. According to the disclosure, they vest at a rate of 20% annually, beginning on the first anniversary of the May 27, 2025 grant date, creating a multi-year vesting schedule.

Were the HCSG CFO’s Form 4 transactions open-market buys or routine equity awards?

The transactions reflect routine equity awards, not open-market purchases. The filing characterizes them as an exercise or conversion of derivative securities and a grant or award acquisition of Restricted Stock Units, both typical elements of executive compensation.