Ottaviano Dino D 4

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.