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Healthcare Services Group (HCSG) director receives 1,969 deferred stock units grant

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

Rhea-AI Filing Summary

Casey Diane S reported acquisition or exercise transactions in this Form 4 filing.

HEALTHCARE SERVICES GROUP INC director Diane S. Casey received a compensation grant of 1,969 deferred stock units (DSUs) of common stock on May 26, 2026. The DSUs are unvested and will become fully vested on the one-year anniversary of the grant date.

According to the filing, all 14,975 units reported after the transaction are DSUs, consisting of 4,775 unvested DSUs and 10,200 vested DSUs. These DSUs will be settled in shares of common stock upon certain future events such as a five-year anniversary, death, disability, separation from service, or a change of control, with an option for further deferral under Code Section 409A.

Positive

  • None.

Negative

  • None.
Insider Casey Diane S
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,969 $20.32 $40K
Holdings After Transaction: Common Stock — 14,975 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.
DSUs granted 1,969 units Deferred stock units granted on May 26, 2026
Grant reference price $20.32 per unit Reported price for DSU grant
Total DSUs after grant 14,975 units Holdings following transaction
Unvested DSUs 4,775 units Unvested portion of total DSUs
Vested DSUs 10,200 units Vested portion of total DSUs
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.
DSU financial
"Represents a grant of unvested deferred stock units ("DSU") which will become fully vested..."
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 financial
"A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A."
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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*
Casey Diane S

(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)14,975(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.
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 did HCSG director Diane S. Casey report in this Form 4 filing?

Diane S. Casey reported receiving 1,969 deferred stock units as a compensation grant. These units are tied to Healthcare Services Group common stock and vest after one year, adding to her existing deferred stock unit holdings as a company director.

How many HCSG equity units does Diane S. Casey hold after this transaction?

After the transaction, Diane S. Casey holds 14,975 deferred stock units. The filing specifies this total includes 4,775 unvested DSUs and 10,200 vested DSUs, all of which are ultimately payable in Healthcare Services Group common stock upon specified future settlement events.

When do the newly granted HCSG deferred stock units vest and settle?

The 1,969 newly granted deferred stock units vest one year after the grant date. They are settled in Healthcare Services Group common shares upon the earlier of five years from grant, death, disability, separation from service, or a change of control, subject to deferral elections.

Is this HCSG Form 4 transaction an open-market purchase or sale?

This Form 4 shows a grant of deferred stock units, not an open-market trade. The code "A" indicates a grant or award acquisition, meaning the director received equity-based compensation rather than buying or selling shares in the open market.

What is the reference price per unit in Diane S. Casey’s HCSG grant?

The grant is referenced at $20.32 per deferred stock unit. This price is typically used for valuation and reporting of the award, rather than indicating an open-market purchase price, since the units were granted as compensation and not bought on an exchange.

How are HCSG deferred stock units treated under Code Section 409A?

The filing notes participants may elect further deferral of settlement under Code Section 409A. This U.S. tax rule governs deferred compensation, allowing directors to postpone when DSUs convert into Healthcare Services Group shares, subject to specific timing and form-of-payment requirements.