Talkspace (TALK) director Braunstein awarded 3,363 RSUs, reports large indirect stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Braunstein Douglas L reported acquisition or exercise transactions in this Form 4 filing.
Talkspace, Inc. director and ten percent owner Douglas L. Braunstein reported a compensation-related equity award on a Form 4. He received 3,363 restricted stock units (RSUs), each representing one share of Talkspace common stock, with the RSUs vesting in full on June 1, 2026.
Following this grant, Braunstein is shown as directly holding 2,087,264 shares of common stock. The filing also lists additional indirect holdings, including 11,340,600 shares attributed to investment funds advised by Hudson Executive Capital LP and 1,000,756 shares held indirectly, with Braunstein disclaiming beneficial ownership of these securities except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Braunstein Douglas L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,363 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,087,264 shares (Direct, null);
Common Stock — 1,000,756 shares (Indirect, See Footnotes)
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, June 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.
Key Figures
RSUs granted: 3,363 RSUs
RSU vesting date: June 1, 2026
Post-grant direct holdings: 2,087,264 shares
+3 more
6 metrics
RSUs granted
3,363 RSUs
Award of restricted stock units to Douglas L. Braunstein
RSU vesting date
June 1, 2026
RSUs vest in full on the grant date
Post-grant direct holdings
2,087,264 shares
Direct Talkspace common stock held after RSU award
Indirect Hudson Executive holdings
11,340,600 shares
Indirect holdings via funds advised by Hudson Executive Capital LP
Additional indirect holdings
1,000,756 shares
Other indirect Talkspace common stock holdings reported
Non-derivative acquisition entries
1 transaction
One grant/award acquisition (code A) reported
Key Terms
restricted stock units ("RSUs"), beneficial owner, Rule 16a-1(a), pecuniary interest, +1 more
5 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right..."
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.
beneficial owner regulatory
"may be deemed to be the beneficial owner of the securities reported on this Form 4..."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Rule 16a-1(a) regulatory
"for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934..."
pecuniary interest financial
"disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein."
restricted stock units vest in full financial
"The RSUs vest in full on the grant date, June 1, 2026."
FAQ
What insider transaction did Douglas Braunstein report at Talkspace (TALK)?
Douglas L. Braunstein reported an award of 3,363 restricted stock units (RSUs) of Talkspace common stock. These RSUs are a form of equity compensation and represent a contingent right to receive one share of common stock for each RSU granted.
When do the reported Talkspace (TALK) RSUs to Douglas Braunstein vest?
The 3,363 RSUs reported for Douglas Braunstein vest in full on June 1, 2026. Vesting in full on the grant date means all units become deliverable as shares on that specified date, subject to any applicable conditions described in the award.