MORPHY JOHN M 4
Research Summary
AI-generated summary
Insperity (NSP) Director John Morphy Receives 6,201 RSUs
What Happened
- John M. Morphy, a director of Insperity, Inc. (NSP), received an award of 6,201 restricted stock units (RSUs) on 2026-05-18. The Form 4 shows an acquisition at $0.00 per unit (total reported acquisition $0) because these were compensation awards rather than open-market purchases.
Key Details
- Transaction date: 2026-05-18 (reported on Form 4 filed 2026-05-20)
- Transaction type/code: Award/Grant (A)
- Shares/units granted: 6,201 RSUs; reported acquisition price: $0.00
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: Annual RSU award under the Insperity, Inc. Directors Compensation Plan (see F1). Units vest on the earlier of the first anniversary of the award or the next annual stockholders’ meeting (which must be at least 50 weeks after the prior meeting). Each RSU converts to one share upon vesting.
- Timeliness: Filing appears timely (Form 4 filed two days after the grant, within the usual 2-business-day reporting window)
Context
- These RSUs are a routine director compensation award and do not represent an open‑market buy or a sale. The reported acquisition price of $0 reflects that these are compensation units; the actual economic value to the director will depend on Insperity’s stock price when the RSUs vest and convert to shares.