Healthcare Services Group (HCSG) director awarded 1,969 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Visconto Jude reported acquisition or exercise transactions in this Form 4 filing.
Healthcare Services Group Inc. director Jude Visconto received an award of 1,969 shares of Common Stock as a grant of unvested deferred stock units at a reference price of $20.32 per share. After this award, Visconto directly holds 14,975 shares.
The deferred stock units will fully vest on the one-year anniversary of the grant date and will be settled in common shares upon the earliest of a five-year anniversary of the grant, Visconto’s death, disability or separation from service, or a Change of Control, with an option for further deferral under Code Section 409A.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Visconto Jude
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,969 | $20.32 | $40K |
Holdings After Transaction:
Common Stock — 14,975 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 10,200 vested DSUs.
Key Figures
Deferred stock units granted: 1,969 shares
Reference price per share: $20.32 per share
Shares held after transaction: 14,975 shares
+2 more
5 metrics
Deferred stock units granted
1,969 shares
Common Stock DSU grant to director on May 26, 2026
Reference price per share
$20.32 per share
Price associated with DSU grant
Shares held after transaction
14,975 shares
Total direct holdings following grant
Unvested deferred stock units
4,775 units
Unvested DSUs referenced in footnote
Vested deferred stock units
10,200 units
Vested DSUs referenced in footnote
Key Terms
deferred stock units, Change of Control, Code Section 409A
3 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 financial
"A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A"
FAQ
What did HCSG director Jude Visconto report in this Form 4?
Director Jude Visconto reported receiving 1,969 deferred stock units in Healthcare Services Group common stock. These units are an equity award, not an open-market purchase, and increase his direct holdings to 14,975 shares following the grant.
When do Jude Visconto’s HCSG deferred stock units vest and settle?
The 1,969 deferred stock units vest in full one year after the grant date. They are then settled in common stock on the earlier of five years after grant, death, disability, separation from service, or a Change of Control, subject to possible further deferral.
What portion of Jude Visconto’s HCSG deferred stock units are vested vs unvested?
The filing states that Visconto has 4,775 unvested deferred stock units and 10,200 vested deferred stock units. These amounts together form part of his overall reported equity position in Healthcare Services Group.
Was the HCSG Form 4 transaction a market buy or sell by Jude Visconto?
The transaction was a grant or award acquisition of deferred stock units, coded as “A,” rather than an open-market buy or sell. No shares were purchased or sold on the market in this reported transaction.