Talkspace (TALK) director reports 3,757 RSU grant and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Talkspace, Inc. director and 10% owner Douglas L. Braunstein reported an award of 3,757 restricted stock units of common stock, classified as a grant or other acquisition at no cash price. Each RSU represents one Talkspace share and vests in full on the grant date, March 1, 2026.
After this grant, Braunstein reports 2,083,901 common shares held directly, including 1,273,690 shares shown as a direct holding. He also reports 1,000,756 shares held indirectly through the Braunstein 2015 Trust and 11,340,600 shares indirectly through investment funds advised by Hudson Executive Capital, which may be deemed beneficially owned, subject to a stated disclaimer of beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Braunstein Douglas L
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,757 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,083,901 shares (Direct);
Common Stock — 1,000,756 shares (Indirect, By Braunstein 2015 Trust)
Footnotes (1)
- Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock. The RSUs vest in full on the grant date, March 1, 2026. These securities are jointly held by Mr. Braunstein and Samara Braunstein. Hudson Executive Capital LP ("Hudson Executive"), as the investment adviser to certain affiliated investment funds, may be deemed to be the beneficial owner of the securities reported on this Form 4 (the "Subject Securities") for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). HEC Management GP LLC ("Management GP"), as the general partner of Hudson Executive, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act. By virtue of Mr. Braunstein's position as Managing Partner of Hudson Executive and Managing Member of Management GP, Mr. Braunstein may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act. Mr. Braunstein disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
FAQ
What did Douglas L. Braunstein report in this Talkspace (TALK) Form 4?
Douglas L. Braunstein reported receiving 3,757 restricted stock units of Talkspace common stock as a grant. The filing also updates his direct and indirect common stock holdings, including trust and investment-fund-related positions with detailed beneficial ownership disclosures.
How many Talkspace (TALK) RSUs were granted to Douglas L. Braunstein?
The filing shows a grant of 3,757 restricted stock units of Talkspace common stock. Each RSU represents one share and is scheduled to vest in full on March 1, 2026, according to the vesting terms described in the footnotes.
When do Douglas L. Braunstein’s Talkspace (TALK) RSUs vest?
The restricted stock units vest in full on March 1, 2026. The footnotes specify that each RSU converts into one share of Talkspace common stock upon vesting, reflecting a single cliff vesting date rather than a multi-year vesting schedule.
What indirect Talkspace (TALK) holdings are reported for Douglas L. Braunstein?
He reports 1,000,756 Talkspace shares held indirectly through the Braunstein 2015 Trust and 11,340,600 shares indirectly via investment funds advised by Hudson Executive Capital, with a footnote stating a deemed beneficial ownership and a disclaimer except for any pecuniary interest.