Teladoc Health Announces Employee Inducement Awards under NYSE Rule 303A.08

Rhea-AI Summary

Teladoc Health (NYSE:TDOC) has granted restricted stock unit (RSU) awards to two new non-executive employees as employment inducement awards. The awards, effective June 1, 2025, cover a total of 80,000 shares of Teladoc's common stock. The RSUs have a vesting schedule where one-third vests after the first year, with the remaining two-thirds vesting quarterly over the following two years. These awards were approved by the company's Compensation Committee under the 2023 Employment Inducement Incentive Award Plan, complying with NYSE Rule 303A.08.

Positive

• Attraction of new talent through equity compensation
• Alignment of employee interests with shareholders through long-term vesting schedule

Negative

• Potential dilution of existing shareholders from 80,000 new shares

NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE:TDOC), the global leader in virtual care, today announced that it issued inducement awards to two new employees.

Effective June 1, 2025, in connection with commencing employment, two new non-executive employees of Teladoc Health were granted awards of restricted stock units covering an aggregate of 80,000 shares of Teladoc Health’s common stock, par value $0.001 per share. The restricted stock units vest, based on continued service to Teladoc Health, as to one-third of the underlying shares on the first anniversary of the grant date, with the remainder vesting quarterly over two years thereafter. The awards were approved by the Compensation Committee of the Board of Directors of Teladoc Health and were granted under the Teladoc Health, Inc. 2023 Employment Inducement Incentive Award Plan as employment inducement awards pursuant to New York Stock Exchange Rule 303A.08.

About Teladoc Health

Teladoc Health empowers all people everywhere to live their healthiest lives by transforming the healthcare experience. As the world leader in virtual care, Teladoc Health uses proprietary health signals and personalized interactions to drive better health outcomes across the full continuum of care, at every stage in a person’s health journey. Teladoc Health leverages more than two decades of expertise and data-driven insights to meet the growing virtual care needs of consumers and healthcare professionals. For more information, please visit www.teladochealth.com

Media:
Lou Serio
202-569-9715
pr@teladochealth.com

FAQ

What type of stock awards did Teladoc (TDOC) issue to new employees in June 2025?

Teladoc issued restricted stock units (RSUs) covering 80,000 shares of common stock to two new non-executive employees as employment inducement awards.

How do the Teladoc (TDOC) RSU awards vest for the new employees?

The RSUs vest one-third after the first year, with the remaining two-thirds vesting quarterly over the following two years, subject to continued employment.

How many new employees received RSU awards from Teladoc (TDOC) in June 2025?

Two new non-executive employees received RSU awards from Teladoc Health.

Under what plan were the Teladoc (TDOC) inducement awards granted?

The awards were granted under Teladoc Health's 2023 Employment Inducement Incentive Award Plan, pursuant to NYSE Rule 303A.08.