Accepted (ET)
4:48 PM
Aug 21, 2026
Filed
Aug 21, 2026
Documents
1
Size
5.7 KB
Summary
Insperity CEO Paul J. Sarvadi Gifts 30,000 Shares
What Happened
- Paul J. Sarvadi, Chairman of the Board and Chief Executive Officer of Insperity, Inc. (NSP), made a gift of 30,000 shares on August 17, 2026. The Form 4 reports the disposition code G (gift) at $0.00 per share (no proceeds).
- A footnote on the filing (F1) confirms the transfer was to a charitable organization. Another footnote (F2) states that 270,500 shares that had been held indirectly by Our Ship Limited Partnership, Ltd. are now owned directly.
Key Details
- Transaction date and price: 2026-08-17; gift at $0.00 per share (G).
- Report filed: Form 4 filed Aug 21, 2026 (Accession: 0001000753-26-000090).
- Shares reported as now owned directly (per footnote): 270,500 previously indirect shares moved to direct ownership.
- Proceeds/consideration: $0 (charitable gift).
- No indication in the filing of a 10b5-1 plan, tax-withholding sale, or other sale mechanism.
Context
- Gifts to charities are common insider actions and do not necessarily signal the insider’s view of the company’s stock; they are often for philanthropic, tax, or estate-planning reasons.
- Because this was a gift (not a market sale), it should not be interpreted as a routine liquidity-driven sale or a direct market sentiment signal.