Director at Healthcare Services Group (HCSG) granted 1,969 stock units
Rhea-AI Filing Summary
Ottaviano Dino D reported acquisition or exercise transactions in this Form 4 filing.
Healthcare Services Group Inc. director Dino D. Ottaviano received an equity grant of 1,969 deferred stock units of common stock. The units were valued at $20.32 per share for reporting purposes and are unvested, becoming fully vested on the one-year anniversary of the grant date.
The deferred stock units will be settled in shares of common stock upon the earliest of the five-year anniversary of the grant date, the director’s death, disability or separation from service, or a Change of Control, with an option for further deferral under Section 409A. After this award, Ottaviano’s reported equity position consists of 4,775 unvested deferred stock units, 10,200 vested deferred stock units, and 434 shares of common stock, totaling 15,409 units and shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,969 shares
Net Buy
1 txn
Insider
Ottaviano Dino D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,969 | $20.32 | $40K |
Holdings After Transaction:
Common Stock — 15,409 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Amount represents 4,775 unvested DSUs and 10,200 vested DSUs, and 434 shares of Common Stock.
Key Figures
Deferred stock units granted: 1,969 units at $20.32
Total equity position after grant: 15,409 units and shares
Unvested deferred stock units: 4,775 units
+2 more
5 metrics
Deferred stock units granted
1,969 units at $20.32
Unvested DSU grant on May 26, 2026
Total equity position after grant
15,409 units and shares
Post-transaction holdings for Ottaviano
Unvested deferred stock units
4,775 units
Unvested DSUs reported in holdings footnote
Vested deferred stock units
10,200 units
Vested DSUs reported in holdings footnote
Common shares held
434 shares
Direct common stock reported in holdings footnote
Key Terms
deferred stock units, Change of Control, Code Section 409A, vesting
4 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
"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 regulatory
"A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A."
vesting financial
"which will become fully vested on the one year anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HCSG director Dino D. Ottaviano report?
Dino D. Ottaviano reported receiving 1,969 unvested deferred stock units as an equity award. These units are tied to Healthcare Services Group Inc. common stock and represent compensation, not an open-market purchase, and will vest one year after the grant date, subject to settlement rules.
When do the newly granted HCSG deferred stock units vest and settle?
The 1,969 deferred stock units vest fully on the one-year anniversary of the grant date. They will be settled in shares of Healthcare Services Group common stock upon the earliest of the five-year anniversary, death, disability, separation from service, or a Change of Control, subject to possible further deferral.
Is the HCSG director’s Form 4 transaction a stock purchase or a compensation grant?
The Form 4 reflects a compensation-related grant, not a market purchase. Ottaviano received 1,969 deferred stock units as a grant or award, classified as an acquisition under transaction code A, rather than buying shares on the open market with cash.
How is the value of the HCSG deferred stock unit grant reported on the Form 4?
The 1,969 deferred stock units are reported at a reference price of $20.32 per share. This figure is used for disclosure and accounting of the equity grant tied to Healthcare Services Group common stock, rather than indicating an actual trade execution price in the open market.