Healthcare Services Group (HCSG) director awarded 1,969 deferred stock units
Rhea-AI Filing Summary
Castagnino Daniela reported acquisition or exercise transactions in this Form 4 filing.
Healthcare Services Group Inc. director Daniela Castagnino received an equity grant of 1,969 common-stock-linked units. The award is in the form of unvested deferred stock units (DSUs) valued at $20.32 per unit on the grant date. These DSUs will fully vest on the one-year anniversary of the grant date and will later be settled in shares of common stock upon specified events such as the five-year anniversary, death, disability, separation from service, or a Change of Control. After this grant, Castagnino’s direct holdings total 14,975 units, consisting of 4,775 unvested DSUs and 10,200 vested DSUs, reflecting routine director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,969 shares
Net Buy
1 txn
Insider
Castagnino Daniela
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,969 | $20.32 | $40K |
Holdings After Transaction:
Common Stock — 14,975 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. Amounts represent 4,775 unvested DSUs and 10,200 vested DSUs.
Key Figures
DSUs granted: 1,969 units
Grant date value per unit: $20.32 per unit
Total holdings after grant: 14,975 units
+2 more
5 metrics
DSUs granted
1,969 units
Deferred stock units granted to director on grant date
Grant date value per unit
$20.32 per unit
Reported price per common-stock-linked unit
Total holdings after grant
14,975 units
Direct holdings following the transaction
Unvested DSUs
4,775 units
Unvested deferred stock units held after grant
Vested DSUs
10,200 units
Vested deferred stock units held after grant
Key Terms
deferred stock units, Change of Control, Code Section 409A, unvested DSUs
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
"or (iii) 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 financial
"A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A."
unvested DSUs financial
"Amounts represent 4,775 unvested DSUs and 10,200 vested DSUs."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HCSG director Daniela Castagnino receive in this Form 4 filing?
Daniela Castagnino received a grant of 1,969 deferred stock units (DSUs) linked to Healthcare Services Group Inc. (HCSG) common stock. This is a compensation-related award, not an open-market share purchase, and increases her equity-based holdings in the company.
How many Healthcare Services Group (HCSG) units does Daniela Castagnino hold after the grant?
After the grant, Daniela Castagnino holds a total of 14,975 units tied to HCSG common stock. This total includes both vested and unvested deferred stock units reported as part of her direct ownership following the transaction.
How many deferred stock units vested and unvested does HCSG director Castagnino have?
The filing states Castagnino has 4,775 unvested deferred stock units and 10,200 vested deferred stock units in Healthcare Services Group Inc. These amounts show how much of her equity compensation is still subject to vesting conditions versus already earned.
When do the new HCSG deferred stock units granted to Daniela Castagnino vest?
The newly granted deferred stock units for HCSG director Daniela Castagnino will become fully vested on the one-year anniversary of the grant date. Actual settlement into common shares occurs later upon specified events, such as a five-year anniversary or separation from service.
Under what conditions will Daniela Castagnino’s HCSG deferred stock units be settled into shares?
The DSUs will be settled in HCSG common shares at the earliest of the five-year anniversary of grant, the director’s death, disability, separation from service, or a Change of Control. Participants may also elect a further deferral under Code Section 409A rules.