Insperity, Inc. (NYSE:NSP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Insperity, Inc. (NYSE:NSP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 9, 2017, Peter Feld notified Insperity, Inc. (the “Company”) that he had resigned from the Board of Directors of the Company effective immediately in light of the aggregate beneficial ownership of the Company’s common stock by Starboard Value, LP and certain of its affiliates (collectively, “Starboard”) being below the Minimum Ownership Threshold specified in the prior agreements between the Company and Starboard.

About Insperity, Inc. (NYSE:NSP)

Insperity, Inc. (Insperity) provides an array of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, government compliance, performance management, and training and development services. In addition to its PEO HR Outsourcing solutions, the Company offers human capital management, payroll services, time and attendance, performance management, organizational planning, recruiting services, employment screening, financial and expense management services, retirement services and insurance services, many of which are offered through desktop applications and cloud-based delivery models.

Insperity, Inc. (NYSE:NSP) Recent Trading Information

Insperity, Inc. (NYSE:NSP) closed its last trading session down -0.70 at 82.30 with 199,988 shares trading hands.