Ramchand Latha 4

What Happened Ramchand Latha, a director of Insperity, Inc. (NSP), was granted 6,201 restricted stock units (RSUs) on 2026-05-18. The Form 4 reports an acquisition code "A" (award/grant) at $0.00 per unit (non-cash award); reported value on the form is $0. Each RSU represents the right to receive one share of Insperity common stock upon vesting.

Key Details

• Transaction date and type: 2026-05-18 — Grant of 6,201 RSUs (Form 4 code A). Price reported: $0.00.
• Vesting: Units vest on the earlier of the first anniversary of the award or the date of the next annual meeting of stockholders that is at least fifty weeks after the prior year's meeting (per footnote).
• Plan: Award made under the Insperity, Inc. Directors Compensation Plan, as amended and restated effective January 1, 2025.
• Shares owned after transaction: not disclosed in the provided filing.
• Filing timeliness: Report filed 2026-05-20 for a 2026-05-18 transaction (appears to be filed within the standard 2-business-day window).

Context RSU grants to directors are a form of non-cash compensation that convert to shares only upon vesting; they are routine for board members and do not represent an open-market purchase or sale. Unlike purchases, awards are less directly informative about a director’s short-term market sentiment.