Insperity (NSP) director receives 6,201 restricted stock units in annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSPERITY, INC. director Latha Ramchand received a grant of 6,201 shares of common stock on May 18, 2026 as a stock award, with no purchase price. The award is in the form of restricted stock units under the Insperity Directors Compensation Plan.
The units vest on the earlier of the first anniversary of the grant or the next annual stockholders’ meeting that is at least fifty weeks after the prior year’s meeting. Each unit converts into one share upon vesting, bringing Ramchand’s direct holdings to 21,321 shares after this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ramchand Latha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,201 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,321 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 6,201 shares
Grant price: $0.00 per share
Post-transaction holdings: 21,321 shares
+1 more
4 metrics
RSU grant size
6,201 shares
Restricted stock units granted on May 18, 2026
Grant price
$0.00 per share
Equity compensation, non-cash award
Post-transaction holdings
21,321 shares
Common stock held directly after award
Vesting trigger
Earlier of 1-year anniversary or next annual meeting
Subject to 50-week spacing from prior annual meeting
Key Terms
restricted stock units, Directors Compensation Plan, vesting
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"
vesting financial
"Units vest on the earlier of the first anniversary of the award or the date of the next annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Insperity (NSP) director Latha Ramchand report on this Form 4?
Latha Ramchand reported receiving a grant of 6,201 restricted stock units of Insperity common stock. This is a compensation-related award, not an open-market purchase, and increases her direct holdings to 21,321 shares after the transaction.
Is the Insperity (NSP) Form 4 transaction a stock purchase or a grant?
The transaction is a grant, not a market purchase. Ramchand received 6,201 restricted stock units at a price of $0.00 per share as part of the Insperity Directors Compensation Plan, reflecting equity-based director compensation rather than an investment decision.
When do Latha Ramchand’s Insperity (NSP) restricted stock units vest?
The restricted stock units vest on the earlier of the first anniversary of the award date or the date of the next annual stockholders’ meeting that occurs at least fifty weeks after the prior year’s annual meeting, aligning vesting with Insperity’s director service cycle.
What does each Insperity (NSP) restricted stock unit granted to Latha Ramchand represent?
Each restricted stock unit represents the right to receive one share of Insperity common stock upon vesting. These awards are made under the Insperity, Inc. Directors Compensation Plan and are designed to align director compensation with long-term shareholder interests.
Under which plan was the Insperity (NSP) equity award to Latha Ramchand granted?
The equity award was granted under the Insperity, Inc. Directors Compensation Plan, as amended and restated effective January 1, 2025 and subsequently amended. This plan governs annual restricted stock unit awards for the company’s directors.