SHEA JOHN CHRISTOPHER 4

4 · HEALTHCARE SERVICES GROUP INC · Filed Feb 26, 2026

AI-generated summary of this filing

Updated Feb 26, 2026

HCSG EVP John Shea Exercises/Converts Units; 7,227 Shares Withheld

What Happened

John Christopher Shea, EVP & Chief Administrative Officer of Healthcare Services Group (HCSG), had equity awards convert/vest into common stock on Feb 24, 2026. The filing shows conversions/acquisitions of 4,416 and 12,618 shares (listed as derivative exercises/conversions at $0.00) and tax-withholding dispositions of 1,874 and 5,353 shares at $21.40 each (total tax withholding proceeds ≈ $154,658). The net increase in Shea’s shares from these entries is 5,391 shares (12,618 converted minus 7,227 withheld).
One additional line in the filing shows 4,416 derivative shares marked as disposed at $0.00 (reported as a derivative disposition). The primary economic effect reported: award conversions/vesting with shares withheld to satisfy tax obligations (not an open-market sale or purchase).

Key Details

Transaction date: Feb 24, 2026; Form 4 filed Feb 26, 2026 (timely — within the two-business-day window).
Conversion/issue prices: $0.00 for the converted awards (these were awarded/vested shares, not option strike payments); withholding executed at $21.40/share.
Withheld shares for taxes: 7,227 shares total (1,874 + 5,353) for total tax withholding ≈ $154,658.
Net new shares retained by insider from these entries: +5,391 shares.
Shares owned after transaction: not provided in the supplied filing data.
Relevant footnotes from the filing:
- F1: Shares withheld to pay taxes.
- F2: Shares earned/delivered from a performance stock unit award (granted Feb 2023) after certification of performance for period ended Dec 31, 2025; vested upon certification (Feb 24, 2026).
- F3: Shares issued at 1-for-1 conversion.
- F4: Some restricted stock units vest 20% annually beginning Feb 24, 2024 (background on original grant vesting schedule).

Context

This was not an open-market buy or sale; it reflects award conversions/vesting and standard tax-withholding (a common, routine insider event). Because the shares were issued/converted at $0.00, there was no cash exercise price paid — these were vested/earned shares rather than a paid stock option exercise.
No indication of a 10% owner transaction or a 10b5-1 plan; no gifts reported. The filing appears timely.

Form 4

Period: 2026-02-24

EVP & Chief Admin. Officer

Transactions

Exercise/Conversion
Common Stock
2026-02-24+4,416→ 33,708 total
Tax Payment
Common Stock
[F1]
2026-02-24$21.40/sh−1,874$40,104→ 31,834 total
Exercise/Conversion
Common Stock
[F2]
2026-02-24+12,618→ 44,452 total
Tax Payment
Common Stock
[F1]
2026-02-24$21.40/sh−5,353$114,554→ 39,099 total
Exercise/Conversion
Restricted Stock Units
[F3][F4]
2026-02-24−4,416→ 8,830 total
→ Common Stock (4,416 underlying)

Footnotes (4)

[F1]Represents shares withheld to pay taxes.
[F2]Represents common stock earned and delivered on a performance stock unit award previously granted in February 2023, based on the satisfaction of certain financial performance criteria for the period ended December 31, 2025. The Company's Nominating, Compensation and Stock Option Committee certified the level of performance-goal attainment on February 24, 2026 and the shares vested upon certification.
[F3]Shares issued at the conversion rate of 1-for-1.
[F4]These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the February 24, 2023 grant date.

Signature

Michael Harrity, by Power of Attorney|2026-02-26

1 file