Visconto Jude 4
Research Summary
AI-generated summary
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.