Director at Healthcare Services Group (HCSG) granted 1,969 unvested DSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEALTHCARE SERVICES GROUP INC director Thomas Michael Gallagher received an equity award of 1,969 common‑stock-based units. The Form 4 shows an acquisition of 1,969 shares of Common Stock at a reference price of $20.32 per share, all held directly. A footnote explains these represent 1,969 unvested deferred stock units (DSUs), which are typically part of non-cash director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gallagher Thomas Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,969 | $20.32 | $40K |
Holdings After Transaction:
Common Stock — 1,969 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,969 shares
Reference price: $20.32 per share
Shares after transaction: 1,969 shares
3 metrics
Shares granted
1,969 shares
Grant of Common Stock / unvested DSUs
Reference price
$20.32 per share
Reported transaction price for award
Shares after transaction
1,969 shares
Direct holdings following grant
Key Terms
DSUs, unvested, Grant, award, or other acquisition
3 terms
DSUs financial
"Amount represents 1,969 unvested DSUs"
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
unvested financial
"Amount represents 1,969 unvested DSUs"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did HCSG director Thomas Michael Gallagher report on this Form 4?
Thomas Michael Gallagher reported receiving 1,969 shares of Healthcare Services Group common stock as an equity award. A footnote clarifies these are unvested deferred stock units (DSUs), reflecting stock-based compensation rather than an open-market stock purchase.
What type of securities did HCSG grant to director Gallagher in this filing?
The filing reports a grant of Common Stock, described in the footnote as 1,969 unvested deferred stock units (DSUs). DSUs are stock-based compensation instruments that typically vest over time rather than being immediately unrestricted, tradable shares.
Was Gallagher’s HCSG stock transaction an open-market buy or a compensation award?
The Form 4 characterizes the transaction as a grant, award, or other acquisition, not an open-market purchase. The 1,969 shares are identified as unvested DSUs, indicating a stock-based compensation award rather than a discretionary market trade by the director.