ALLISON JAMES D 4
4 · INSPERITY, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Insperity (NSP) CFO Allison James Exercises LTIP Phantom Units
What Happened
- Allison James D, EVP, Finance, CFO & Treasurer of Insperity, recorded the exercise/conversion of 463 derivative units on Feb 17, 2026. The Form 4 shows 463 shares "acquired" at $0.00 and a matching 463-share "disposed" (derivative) entry at $0.00. These reflect three-year performance-based phantom stock units under the company’s Long-Term Incentive Program (LTIP).
- The Compensation Committee certified achievement of the final performance conditions for these awards; the underlying shares will be settled in common stock no later than March 15, 2026. The filing shows no cash exercise price.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the standard 2-business-day window).
- Reported amounts: 463 shares acquired at $0.00 and 463 shares disposed (derivative) at $0.00. Reported dollar value = $0 (no cash exercise price).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Notable footnotes: F1–F4 confirm these are three-year LTIP phantom stock performance units, certified by the Compensation Committee, vesting upon certification, with final settlement (including dividend-right cash value to be converted to shares) no later than Mar 15, 2026.
Context
- These entries reflect conversion/settlement of performance-based phantom units (contingent rights to receive shares), not an open-market buy or sell. Such transactions are routine executive compensation events and do not directly signal a cash purchase or sale by the insider.
- Dividend-right value related to these units will be settled in shares based on fair market value immediately before final settlement.
Insider Transaction Report
Form 4
ALLISON JAMES D
EVP, Finance, CFO & Treasurer
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-17+463→ 64,980 total - Exercise/Conversion
Phantom Stock Performance Units (Stock Settled)
[F3][F1][F2][F4]2026-02-17−463→ 1,605 total→ Common Stock (463 underlying)
Footnotes (4)
- [F1]On this date, the Compensation Committee certified the achievement of the final performance conditions for these three-year performance period awards granted in 2023. These shares of Insperity, Inc. common stock ("Common Stock") will be settled no later than March 15, 2026.
- [F2]The number of shares does not include additional shares related to the cash value of dividend rights that will be settled in shares of Common Stock. The value of these dividend rights will be based on the fair market value of the Common Stock on the trading day immediately preceding the final settlement date following the certification of the final performance conditions.
- [F3]Each phantom stock performance unit represents a contingent right to receive one share of Common Stock pursuant to the terms of the Long-Term Incentive Program (the "LTIP") awards issued under the Insperity, Inc. 2012 Incentive Plan based on a three-year performance period award cycle.
- [F4]These phantom stock performance units vest at the end of the three-year award cycle period following certification in accordance with the LTIP of the achievement of all performance goals for the performance periods applicable to such award.
Signature
/s/ Christian P. Callens, by Power of Attorney|2026-02-19