SHEA JOHN CHRISTOPHER 4

What Happened

• John Christopher Shea, EVP & Chief Administrative Officer of Healthcare Services Group, exercised stock options to acquire 29,579 shares at $18.10 and 9,278 shares at $13.72 (total 38,857 shares acquired). He then sold shares in open-market transactions: 38,857 shares at $20.36 and 15,500 shares at $20.52, generating total proceeds of $1,109,189. The filing also shows the related derivative (option) interests being disposed/terminated at $0 in connection with the exercises.

Key Details

• Transaction date: February 18, 2026; filing date: February 19, 2026 (appears timely).
• Option exercises: 29,579 shares at $18.10 (cost $535,380) and 9,278 shares at $13.72 (cost $127,294).
• Open-market sales: 38,857 shares at $20.36 ($791,129) and 15,500 shares at $20.52 ($318,060); combined proceeds ≈ $1,109,189.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — options vest 20% per year starting Jan 4, 2022; F2 — options vest 20% per year starting Feb 24, 2023.
• The filing shows the derivative instruments (options) being disposed/terminated at $0, consistent with exercise.

Context

• This pattern (exercise of options followed by immediate open-market sales) is commonly a cashless exercise or liquidity event: the insider exercised vested options and sold shares, at least partly monetizing the option gain. This is a sale (liquidity), not necessarily a signal of company prospects; motives aren’t disclosed.
• No indication in the provided excerpt that Shea is a 10% owner; this appears to be an executive option exercise and subsequent sale.