WAHL Theodore 4

What Happened Theodore Wahl, President & CEO and a director of Healthcare Services Group (HCSG), was granted 8,511 shares as part of the company's annual incentive program on 2026-02-17 (award value: 8,511 × $20.93 = $178,135). The same 8,511 shares were withheld to satisfy tax withholding obligations, so there was no open-market sale of shares.

Key Details

• Transaction date: February 17, 2026
• Award: 8,511 shares (code A) at $20.93 per share; total value $178,135
• Withholding: 8,511 shares withheld (code F) at $20.93 to cover taxes — net-share settlement of the award
• Shares owned after transaction: total direct and indirect beneficial ownership reported as 604,210 (footnote F3)
• Footnotes: F1 = shares from annual incentive program; F2 = withholding to satisfy tax obligations; F3 = total beneficial ownership
• Filing timeliness: Report filed Feb 19, 2026 (appears timely for a Form 4 covering a 2/17 transaction)

Context This was an award under the annual incentive program with shares withheld for tax purposes (a routine net settlement), not an open-market sale or purchase. Such withholding transactions are common and reflect tax obligations rather than a directional trading decision.