Healthcare Services Group (HCSG) EVP trades stock options and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Healthcare Services Group Inc. executive Patrick J. Orr, EVP & Chief Revenue Officer, reported multiple stock option exercises and a share sale. On February 18, 2026, he exercised several stock option grants, lifting his direct common stock holdings to 90,115 shares before selling 45,500 shares in an open-market transaction at $20.54 per share, ending with 44,615 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45,500 shares ($934,570)
Net Sell
9 txns
Insider
Orr Patrick J
Role
EVP & Chief Revenue Officer
Sold
45,500 shs ($935K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 21,075 | $0.00 | -- |
| Exercise | Stock Option (right to buy) | 7,016 | $0.00 | -- |
| Exercise | Stock Option (right to buy) | 12,216 | $0.00 | -- |
| Exercise | Stock Option (right to buy) | 5,193 | $0.00 | -- |
| Exercise | Common Stock | 21,075 | $18.10 | $381K |
| Exercise | Common Stock | 7,016 | $13.72 | $96K |
| Exercise | Common Stock | 12,216 | $10.36 | $127K |
| Exercise | Common Stock | 5,193 | $11.76 | $61K |
| Sale | Common Stock | 45,500 | $20.54 | $935K |
Holdings After Transaction:
Stock Option (right to buy) — 5,268 shares (Direct);
Common Stock — 65,690 shares (Direct)
Footnotes (1)
- These Options shall vest and become exercisable at the rate of 20% annually, commencing on the first anniversary of the January 4, 2022 grant date. These Options shall vest and become exercisable at the rate of 20% annually, commencing on the first anniversary of the February 24, 2023 grant date. These Options shall vest and become exercisable at the rate of 20% annually, commencing on the first anniversary of the January 3, 2024 grant date. These Options shall vest and become exercisable at the rate of 20% annually, commencing on the first anniversary of the January 3, 2025 grant date.
FAQ
What insider transactions did HCSG executive Patrick J. Orr report?
Patrick J. Orr reported exercising multiple stock options and selling common shares. On February 18, 2026, he converted options into Healthcare Services Group common stock, then sold 45,500 shares in an open-market transaction, leaving him with 44,615 shares held directly afterward.
Did Patrick J. Orr increase or decrease his HCSG holdings overall?
Patrick J. Orr both acquired and sold shares in related transactions. He exercised stock options to acquire common stock, then sold 45,500 shares, ending with 44,615 shares directly owned. Overall activity reflects a combination of option exercises and a net share reduction.
What type of derivative transactions did HCSG’s Patrick J. Orr report?
He reported multiple stock option exercises, categorized as derivative securities. Each transaction converted stock options into Healthcare Services Group common shares, with footnotes indicating these options vest 20% annually starting one year after their respective grant dates.
What vesting schedule applies to Patrick J. Orr’s reported HCSG stock options?
The reported stock options vest at 20% per year. Vesting begins on the first anniversary of each grant date—January 4, 2022, February 24, 2023, January 3, 2024, and January 3, 2025—after which portions become exercisable annually according to the disclosed schedule.