Kurt Simmons Jr. receives 892 HCSG shares via DSU election; 26,596 total
Rhea-AI Filing Summary
Kurt Simmons Jr., a director of Healthcare Services Group, Inc. (HCSG), reported acquiring 892 shares of common stock on 09/30/2025 at an effective price of $16.83 per share by electing to receive shares in lieu of cash board fees under the company's 2020 Omnibus Incentive Plan. The election was made in November 2024 and applies to fees earned in 2025 in compliance with the issuer's blackout guidelines. Following the reported transaction, Simmons beneficially owns 26,596 shares in total, consisting of 23,790 vested DSUs and 2,806 unvested DSUs. The DSUs are fully vested and will be settled in shares 90 days following separation from the board, with an option for further deferral under Code Section 409A. The Form 4 was signed by power of attorney on 10/02/2025.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 892 | $16.83 | $15K |
Footnotes (1)
- The reporting person has elected to receive fully vested shares of Deferred Stock Units ("DSUs") under the Issuer's 2020 Omnibus Incentive Plan in lieu of cash fees payable for service on the Issuer's Board of Directors and any committees thereof. The reporting person made this election in November 2024 which applies to director's fees earned in 2025 in compliance with the Issuer's black-out period guidelines. The number of shares represents the quotient of the amount of such fees divided by the Issuer's closing stock price on the date such fees would otherwise be paid, rounded up to the nearest whole share. Such DSUs will be settled in shares of common stock ninety days following separation of service from the Board. The reporting person may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A. Amount represents 2,806 unvested DSUs and 23,790 vested DSUs.