STOCK TITAN

Director at Healthcare Services Group (HCSG) granted 1,969 stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Ottaviano Dino D
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,969 $20.32 $40K
Holdings After Transaction: Common Stock — 15,409 shares (Direct, null)
Footnotes (1)
  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, and 434 shares of Common Stock.
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ottaviano Dino D

(Last)(First)(Middle)
3220 TILLMAN DRIVE
SUITE 300

(Street)
BENSALEM PENNSYLVANIA 19020

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HEALTHCARE SERVICES GROUP INC [ HCSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/26/2026A1,969A$20.32(1)15,409(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Amount represents 4,775 unvested DSUs and 10,200 vested DSUs, and 434 shares of Common Stock.
Remarks:
Michael Harrity, by Power of Attorney05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Healthcare Services Group (HCSG) shares and units does the director hold after this Form 4?

After this award, Ottaviano’s reported position totals 15,409 units and shares. This includes 4,775 unvested deferred stock units, 10,200 vested deferred stock units, and 434 shares of Healthcare Services Group common stock, reflecting both outstanding equity awards and directly held stock.

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.