Visconto Jude 4
4 · HEALTHCARE SERVICES GROUP INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Healthcare Services Group (HCSG) Director Jude Visconto Receives Award
What Happened
Jude Visconto, a director of Healthcare Services Group, received a grant of 1,969 deferred stock units (DSUs) on May 26, 2026. The grant is reported as an acquisition (code A) at $20.32 per unit for a total value of $40,010. This is a compensation award (not an open-market purchase).
Key Details
- Transaction date and price: May 26, 2026 — 1,969 DSUs @ $20.32 each (total $40,010).
- Shares/units owned after transaction: Filing indicates Visconto holds 4,775 unvested DSUs and 10,200 vested DSUs (14,975 DSUs total).
- Vesting/settlement: The DSUs become fully vested one year after the grant. They will be settled in common stock on the first to occur of the five-year anniversary of the grant, the participant’s death, disability or separation from service, or a change of control. The participant may elect further deferral under Code Section 409A (filing footnote).
- Filing timeliness: Report filed May 28, 2026 for a May 26 transaction — appears to be filed within the normal Form 4 reporting window.
Context
DSUs are a deferred equity award typically used for director compensation; they are not immediately tradable shares and convert to stock only on the settlement events above. This $40k grant is routine compensation for a director and should be viewed as an award rather than a direct market purchase indicating personal buying conviction.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-26$20.32/sh+1,969$40,010→ 14,975 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.