Theodore Wahl - 24 Feb 2025 Form 4 Insider Report for HEALTHCARE SERVICES GROUP INC (HCSG)

Signature
Michael Harrity, by Power of Attorney
Issuer symbol
HCSG
Transactions as of
24 Feb 2025
Net transactions value
-$169,849
Form type
4
Filing time
26 Feb 2025, 17:42:10 UTC
Previous filing
19 Feb 2025
Next filing
06 Jan 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCSG Common Stock Options Exercise $0 +22,238 +5.4% $0.000000 433,609 24 Feb 2025 Direct
transaction HCSG Common Stock Tax liability $98,774 -9,434 -2.2% $10.47 424,175 24 Feb 2025 Direct
transaction HCSG Common Stock Options Exercise $0 +17,974 +4.2% $0.000000 442,149 25 Feb 2025 Direct F1
transaction HCSG Common Stock Tax liability $71,075 -6,782 -1.5% $10.48 435,367 25 Feb 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HCSG Restricted Stock Units Options Exercise $0 -22,238 -25% $0.000000 66,714 24 Feb 2025 Common Stock 22,238 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents common stock earned and delivered on a performance stock unit award previously granted in January 2022 based upon the satisfaction of certain financial performance criteria. The Company's Nominating, Compensation & Stock Option Committee certified the level of performance-goal attainment on February 25, 2025 and the shares vested upon certification.
F2 Represents shares withheld to pay taxes applicable to the vesting of performance stock units, including performance stock units which were deemed to have been earned and were delivered on February 25, 2025.
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.