ARIZPE ARTHUR A 4

What Happened

• Arthur A. Arizpe, President and COO of Insperity, Inc. (NSP), reported the exercise/conversion of 961 derivative units on 2026-02-17. The filing shows 961 shares acquired at $0.00 per share (and a corresponding derivative disposition entry); these represent the conversion of phantom stock performance units tied to a three‑year LTIP performance cycle. No cash was paid for the shares. The Compensation Committee certified achievement of the final performance conditions for the 2023 awards; the shares will be settled no later than March 15, 2026.

Key Details

• Transaction date: 2026-02-17 (Form filed 2026-02-19; appears timely).
• Transaction type/code: Exercise/conversion of derivative (code M).
• Shares: 961 shares acquired at $0.00 per share (report also shows a corresponding derivative disposition of 961 units at $0.00).
• Settlement timing: Shares to be settled by March 15, 2026 (Footnote F1).
• Dividend rights: Additional shares relating to dividend-equivalent cash value will be settled in shares based on market value before final settlement (F2).
• Ownership: These awards are phantom stock performance units under the 2012 Incentive Plan (F4/F5). Some related shares are held directly by S.C.A. Legacy, Ltd., which is controlled by Arizpe Management, LLC; Mr. Arizpe may be deemed to beneficially own those shares (F3).
• Shares owned after transaction: not specified in the provided excerpt.

Context

• These were not open-market buys or sales but conversion/settlement of earned long-term incentive (phantom) units after certification of performance goals. Such transactions reflect compensation plan payouts rather than direct insider buying/selling for investment purposes.