Ottaviano Dino D 4
4 · HEALTHCARE SERVICES GROUP INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Healthcare Services Group (HCSG) Director Dino Ottaviano Receives Award
What Happened Dino D. Ottaviano, a director of Healthcare Services Group, received a grant of 1,969 deferred stock units (DSUs) on 2026-05-26. The units are reported at $20.32 each for a total reported value of $40,010. The Form 4 lists this transaction as an award/acquisition (code A), not a market purchase.
Key Details
- Transaction date: 2026-05-26; reported price: $20.32; amount: 1,969 DSUs; total value: $40,010.
- Shares/units owned after the transaction (per footnote): 4,775 unvested DSUs, 10,200 vested DSUs, and 434 shares of common stock.
- Footnote F1: The 1,969 DSUs are unvested and will fully vest on the one-year anniversary of the grant; settlement to shares occurs on the earlier of the five-year anniversary, the participant’s death/disability/separation, or a change of control. Participants may elect further deferral under Section 409A.
- Filing status: Form 4 filed 2026-05-28 for a 2026-05-26 transaction — filed within the standard two-business-day window (timely).
Context DSUs are deferred compensation: they do not immediately convert into tradable shares and are settled into common stock only under the settlement rules above, so this award is not an immediate market purchase. Awards to directors are a common part of compensation and are informational rather than a direct buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-26$20.32/sh+1,969$40,010→ 15,409 total
Footnotes (2)
- [F1]Represents a grant of unvested deferred stock units ("DSU") which will become fully vested on the one year anniversary of the grant date. Such DSUs will be settled in shares of common stock on the first to occur of (i) five-year anniversary of the Date of Grant, (ii) the Participant's date of death, disability or separation from service; or (iii) the date of a Change of Control (the "Settlement Date"). A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A.
- [F2]Amount represents 4,775 unvested DSUs and 10,200 vested DSUs, and 434 shares of Common Stock.