Healthcare Services Group (HCSG) CFO reports RSU awards and share settlement
Rhea-AI Filing Summary
Healthcare Services Group Inc. executive Vikas Singh, EVP & Chief Financial Officer, reported several equity transactions in company stock. On January 3, 2026, 3,980 Restricted Stock Units converted into 3,980 shares of common stock at an exercise price of $0, leaving him with 3,980 common shares held directly. On January 5, 2026, 1,900 common shares were disposed of at $0, with 2,080 common shares remaining directly owned after this transaction.
In the derivative holdings, after the January 3, 2026 conversion, Singh held 15,918 Restricted Stock Units. On January 5, 2026, he was awarded an additional 17,813 Restricted Stock Units at a price of $0, resulting in 17,813 Restricted Stock Units beneficially owned following that grant. Footnotes state that these Restricted Stock Units vest at a rate of 20% annually, beginning on the first anniversary of the respective grant dates of January 3, 2025 and January 5, 2026.
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FAQ
What insider activity did HCSG executive Vikas Singh report on this Form 4?
The filing reports that Vikas Singh, EVP & Chief Financial Officer of Healthcare Services Group Inc. (HCSG), had 3,980 Restricted Stock Units convert into 3,980 common shares on January 3, 2026, disposed of 1,900 common shares on January 5, 2026, and received a grant of 17,813 Restricted Stock Units on January 5, 2026.
How many Healthcare Services Group (HCSG) common shares does Vikas Singh hold after these transactions?
Following the reported transactions, Vikas Singh directly owns 2,080 shares of common stock of Healthcare Services Group Inc., as shown in the non-derivative securities table after the January 5, 2026 transaction coded "F".
How many Restricted Stock Units does the HCSG CFO beneficially own after the reported Form 4 transactions?
After the January 5, 2026 grant coded "A", the filing shows that Vikas Singh beneficially owns 17,813 Restricted Stock Units of Healthcare Services Group Inc., all held directly.
What do the January 3, 2026 transactions on HCSG stock represent for the CFO?
On January 3, 2026, 3,980 Restricted Stock Units were converted into 3,980 shares of common stock at an exercise price of $0, as indicated by transaction code "M" and the footnote stating shares were issued at a 1-for-1 conversion rate.
How do the Restricted Stock Units for HCSG’s CFO vest over time?
The footnotes state that the Restricted Stock Units vest at 20% annually. Units tied to the January 3, 2025 grant begin vesting on its first anniversary, and units tied to the January 5, 2026 grant begin vesting on the first anniversary of that grant date.
Were the HCSG CFO’s equity holdings reported as directly or indirectly owned?
The Form 4 tables report both the common stock and the Restricted Stock Units as held under direct ownership ("D"), with no separate entity or indirect ownership structure indicated in the nature-of-ownership fields.