Talkspace (TALK) CFO has 38,561 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Talkspace, Inc. Chief Financial Officer Ian Jiro Harris reported a routine tax-related share disposition. On the vesting of previously reported restricted stock units, the issuer withheld 38,561 shares of Common Stock to satisfy applicable tax withholding obligations at an implied value of $5.23 per share.
These shares were withheld by the company rather than sold by Harris in the open market. After this tax-withholding event, Harris continues to hold 741,112 shares of Common Stock directly, indicating he retains a substantial equity position in Talkspace.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Ian Jiro
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 38,561 | $5.23 | $202K |
Holdings After Transaction:
Common Stock — 741,112 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 38,561 shares
Implied share value: $5.23 per share
Post-transaction holdings: 741,112 shares
3 metrics
Tax-withheld shares
38,561 shares
Shares withheld to satisfy RSU tax obligations
Implied share value
$5.23 per share
Value used for tax-withholding disposition
Post-transaction holdings
741,112 shares
Common Stock held directly by CFO after transaction
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, Common Stock
3 terms
restricted stock units ("RSUs") financial
"in connection with the vesting of restricted stock units ("RSUs") previously reported"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Talkspace (TALK) CFO Ian Jiro Harris report?
Talkspace CFO Ian Jiro Harris reported a tax-related share disposition. The issuer withheld 38,561 Common Stock shares upon RSU vesting to cover tax obligations, rather than Harris selling shares in the open market.
Was the Talkspace (TALK) CFO’s Form 4 transaction an open-market sale?
No, it was not an open-market sale. The transaction reflects shares withheld by Talkspace to satisfy tax obligations from RSU vesting, a compensation-related event rather than a discretionary market sale by the CFO.