Healthcare Services (HCSG) grants 4,381 RSUs to accounting chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brophy Andrew M reported acquisition or exercise transactions in this Form 4 filing.
Healthcare Services Group Inc. reported that SVP & Chief Accounting Officer Andrew M. Brophy received a grant of 4,381 shares of Common Stock in the form of restricted stock units at no cash cost per share. These restricted stock units will vest at a rate of 20% each year, starting on the first anniversary of the July 1, 2026 grant date. Following this award, Brophy holds 19,922 unvested restricted stock units in total, which represent equity-based compensation rather than open-market share purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Brophy Andrew M
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,381 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,922 shares (Direct, null)
Footnotes (1)
- Restricted stock units shall vest at the rate of 20% annually, commencing on the first anniversary of the July 1, 2026 grant date. Amount includes 19,922 unvested restricted stock units.
Key Figures
RSUs granted: 4,381 shares
Grant price per share: $0.00 per share
Total unvested RSUs after grant: 19,922 shares
+1 more
4 metrics
RSUs granted
4,381 shares
Restricted stock unit award on July 1, 2026
Grant price per share
$0.00 per share
Equity compensation, non-cash award
Total unvested RSUs after grant
19,922 shares
Unvested restricted stock units held after transaction
Annual vesting rate
20% per year
Vesting schedule starting first anniversary of July 1, 2026
Key Terms
restricted stock units, vest, grant date
3 terms
restricted stock units financial
"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.
vest financial
"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.
grant date financial
"commencing on the first anniversary of the July 1, 2026 grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did HCSG's Andrew M. Brophy report on this Form 4?
Andrew M. Brophy reported receiving a grant of 4,381 restricted stock units of Healthcare Services Group common stock. The award is equity compensation, not an open-market purchase, and increases his total unvested restricted stock units to 19,922 after the transaction.
Is the HCSG Form 4 transaction a stock purchase or a compensation grant?
The transaction is a compensation grant, not a stock purchase. Andrew M. Brophy received 4,381 restricted stock units at a price of $0.00 per share, classified as a grant or award acquisition rather than an open-market buy of HCSG shares.
How do Andrew M. Brophy’s HCSG restricted stock units vest?
The restricted stock units vest gradually at 20% per year. Vesting begins on the first anniversary of the July 1, 2026 grant date, meaning the full 4,381-unit award becomes exercisable over multiple years, aligning compensation with longer-term company performance.
How many HCSG restricted stock units does Andrew M. Brophy hold after this grant?
After the grant, Andrew M. Brophy holds 19,922 unvested restricted stock units of Healthcare Services Group common stock. This total includes the newly awarded 4,381 units and represents his direct equity-based compensation position reported in the Form 4 filing.
What role does Andrew M. Brophy hold at Healthcare Services Group Inc.?
Andrew M. Brophy serves as Senior Vice President and Chief Accounting Officer at Healthcare Services Group Inc. The Form 4 filing reflects equity compensation granted to him in that executive capacity, aligning his interests with the company’s shareholders through restricted stock units.