Healthcare Services Group (HCSG) director paid board fees in stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Healthcare Services Group Inc. director Laura K. Grant received a stock-based board fee grant. On this Form 4, she acquired 405 shares of common stock at $18.55 per share as a grant or award, bringing her direct holdings to 16,039 shares.
According to the footnotes, she elected in 2025 to receive fully vested Deferred Stock Units (DSUs) under the 2020 Amended Omnibus Incentive Plan instead of cash fees for 2026 board service, consistent with blackout guidelines. Her position includes 2,806 unvested DSUs and 13,233 vested DSUs, which will be settled in common stock 90 days after she leaves the board, with an option for further deferral under Code Section 409A.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Grant Laura K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 405 | $18.55 | $8K |
Holdings After Transaction:
Common Stock — 16,039 shares (Direct)
Footnotes (1)
- The reporting person has elected to receive fully vested shares of Deferred Stock Units ("DSUs") under the Issuer's 2020 Amended Omnibus Incentive Plan in lieu of cash fees payable for service on the Issuer's Board of Directors and any committees thereof. The reporting person made this election in 2025 which applies to the director's fees earned in 2026 in compliance with the issuer's black-out period guidelines. The number of shares represents the quotient of the amount of such fees divided by the issuer's closing stock price on the date such fees would otherwise be paid, rounded up to the nearest whole share. Such DSUs will be settled in shares of common stock ninety days following separation of service from the Board. The reporting person may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A. Amount represents 2,806 unvested DSUs and 13,233 vested DSUs.
Key Figures
Shares granted: 405 shares
Grant price: $18.55 per share
Total shares after transaction: 16,039 shares
+3 more
6 metrics
Shares granted
405 shares
Common Stock grant/award on 2026-03-31
Grant price
$18.55 per share
Price per share for 405-share grant
Total shares after transaction
16,039 shares
Direct holdings following the grant
Unvested DSUs
2,806 units
Unvested Deferred Stock Units held
Vested DSUs
13,233 units
Vested Deferred Stock Units held
DSU settlement timing
90 days
Settlement after separation from the Board
Key Terms
Deferred Stock Units ("DSUs"), 2020 Amended Omnibus Incentive Plan, black-out period guidelines, Code Section 409A
4 terms
Deferred Stock Units ("DSUs") financial
"The reporting person has elected to receive fully vested shares of Deferred Stock Units ("DSUs") under the Issuer's 2020 Amended Omnibus Incentive Plan"
2020 Amended Omnibus Incentive Plan financial
"Deferred Stock Units ("DSUs") under the Issuer's 2020 Amended Omnibus Incentive Plan in lieu of cash fees"
black-out period guidelines regulatory
"applies to the director's fees earned in 2026 in compliance with the issuer's black-out period guidelines"
Code Section 409A regulatory
"The reporting person may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A."
FAQ
What did the HCSG Form 4 for Laura K. Grant report?
It reported that director Laura K. Grant acquired 405 shares of Healthcare Services Group common stock as a grant or award at $18.55 per share, increasing her direct holdings to 16,039 shares including vested and unvested DSUs.
How many Deferred Stock Units does Laura K. Grant hold at HCSG?
She holds 2,806 unvested Deferred Stock Units and 13,233 vested Deferred Stock Units. All DSUs relate to Healthcare Services Group and will be settled in shares of common stock based on plan rules tied to her board service and separation date.
What compensation choice did Laura K. Grant make regarding HCSG board fees?
She elected in 2025 to receive fully vested DSUs under Healthcare Services Group’s 2020 Amended Omnibus Incentive Plan instead of cash fees for 2026 board and committee service, with share amounts based on the issuer’s closing stock price when fees would otherwise be paid.