Insperity (NSP) SVP receives 14,665 RSUs; shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSPERITY, INC. senior vice president and general counsel Christian P. Callens reported equity compensation activity in the company’s common stock. He received a grant of 14,665 restricted stock units under the Insperity Incentive Plan, which vest in three equal annual installments starting on the first anniversary of the award, with each unit delivering one share upon vesting.
The filing also shows 1,052 shares of common stock were withheld at $22.21 per share to cover tax liabilities tied to restricted stock unit vesting, and an additional 248 shares were issued as dividend equivalents based on the fair market value of the stock on dividend payment dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Callens Christian P
Role
SVP Legal, Gen Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,665 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,052 | $22.21 | $23K |
| Grant/Award | Common Stock | 248 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,154 shares (Direct)
Footnotes (1)
- Award of restricted stock units pursuant to the Insperity, Inc. Incentive Plan, as amended and restated effective May 22, 2023, and as subsequently amended. Units vest in annual increments of one-third beginning on the first anniversary of the award. Each restricted stock unit represents a right to receive one share of Insperity, Inc. common stock ("Common Stock") upon vesting. Payment of tax liability by withholding securities incident to the vesting of a restricted stock unit awards. The number of shares represents the dividend rights that were settled in shares of Common Stock based on the fair market value of the Common Stock on the dividend payable dates. Fractional amounts have been rounded to the nearest whole number.
FAQ
What insider transactions did NSP executive Christian P. Callens report?
Christian P. Callens reported equity compensation activity involving Insperity common stock. He received 14,665 restricted stock units as an award, 1,052 shares were withheld to pay taxes on vesting, and 248 additional shares were issued as dividend equivalents based on fair market value.
How many Insperity (NSP) restricted stock units were granted to Christian P. Callens?
Christian P. Callens was granted 14,665 restricted stock units in Insperity common stock. These units were issued under the Insperity, Inc. Incentive Plan and represent the right to receive one share of common stock for each unit when the award vests over time.
What is the vesting schedule for Christian P. Callens’ NSP restricted stock units?
The 14,665 restricted stock units granted to Christian P. Callens vest in annual increments of one-third. Vesting begins on the first anniversary of the award date, so the grant will vest in three equal installments over three years, delivering one Insperity share per vested unit.
Does the Form 4 show open-market buying or selling by Christian P. Callens?
The Form 4 shows equity awards and tax withholding, not open-market trades. Reported transactions include restricted stock unit grants, shares withheld to pay taxes on vesting, and shares issued for dividend equivalents, all related to Insperity’s incentive compensation rather than discretionary market purchases or sales.