Insperity (NSP) director receives 6,201-share restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSPERITY, INC. director Tim Clifford reported an equity compensation grant of 6,201 shares of common stock in the form of restricted stock units on May 18, 2026. The units were granted at $0.00 per share as part of the company’s Directors Compensation Plan.
After this award, Clifford directly holds 29,113 shares of Insperity common stock. According to the plan, these restricted stock units vest on the earlier of the first anniversary of the award or the next annual stockholders’ meeting that occurs at least fifty weeks after the prior year’s meeting, with each unit converting into one share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLIFFORD TIM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,201 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,113 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 6,201 shares
Grant price per share: $0.00 per share
Shares held after grant: 29,113 shares
3 metrics
RSU grant size
6,201 shares
Restricted stock unit award on May 18, 2026
Grant price per share
$0.00 per share
Equity compensation grant, not market purchase
Shares held after grant
29,113 shares
Total direct holdings following RSU award
Key Terms
restricted stock units, Directors Compensation Plan, vest
3 terms
restricted stock units financial
"Annual award of restricted stock units pursuant to the Insperity, Inc. Directors Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Directors Compensation Plan financial
"pursuant to the Insperity, Inc. Directors Compensation Plan, as amended and restated"
vest financial
"Units vest on the earlier of the first anniversary of the award or the date of the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Insperity (NSP) director Tim Clifford report?
Tim Clifford reported receiving a grant of 6,201 restricted stock units of Insperity common stock. The award is part of the company’s Directors Compensation Plan and represents equity compensation rather than an open-market purchase or sale of shares.
When do Tim Clifford’s Insperity (NSP) restricted stock units vest?
The restricted stock units vest on the earlier of the first anniversary of the award or the next annual stockholders’ meeting held at least fifty weeks after the prior year’s meeting. Upon vesting, each restricted stock unit converts into one share of Insperity common stock.
Is Tim Clifford’s Insperity (NSP) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant of restricted stock units as compensation, not a market purchase or sale. The transaction code “A” indicates a grant, award, or other acquisition, and the price of $0.00 per share confirms it is a non-market equity award.