Healthcare Services Group director gets stock grant
Healthcare Services Group Inc. director Laura K. Grant received a stock-based board fee grant.
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.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 405 | $18.55 | $8K |
Footnotes (2)
- F1. 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.
- F2. Amount represents 2,806 unvested DSUs and 13,233 vested DSUs.
Key Figures
Key Terms
Deferred Stock Units ("DSUs") financial
2020 Amended Omnibus Incentive Plan financial
black-out period guidelines regulatory
Code Section 409A regulatory
FAQ
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