Talkspace (TALK) Chief Legal Officer receives 92,108 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reilly John Charles reported acquisition or exercise transactions in this Form 4 filing.
Talkspace, Inc. reported that Chief Legal Officer and Secretary John Charles Reilly received a grant of 92,108 restricted stock units of common stock as equity compensation. These RSUs vest in 16 substantially equal quarterly installments, conditioned on his continued service with the company through each vesting date.
Following this award, Reilly directly holds 1,130,793 shares of Talkspace common stock, including the granted RSUs. The transaction reflects a compensation-related equity grant rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reilly John Charles
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 92,108 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,130,793 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 92,108 RSUs
Holdings after transaction: 1,130,793 shares
Vesting schedule: 16 quarterly installments
+1 more
4 metrics
RSU grant size
92,108 RSUs
Equity award of common stock units to Chief Legal Officer
Holdings after transaction
1,130,793 shares
Total direct Talkspace common stock held after RSU grant
Vesting schedule
16 quarterly installments
RSUs vest in 16 substantially equal quarterly installments
Grant price per share
$0.00 per share
Compensation-related RSU grant with no cash exercise price
Key Terms
restricted stock units ("RSUs"), vest in 16 substantially equally installments, contingent right
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
vest in 16 substantially equally installments financial
"The RSUs vest in 16 substantially equally installments on a quarterly basis"
contingent right financial
"Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock"
FAQ
What did Talkspace (TALK) insider John Charles Reilly report in this Form 4?
John Charles Reilly, Talkspace’s Chief Legal Officer and Secretary, reported receiving 92,108 restricted stock units of common stock as an equity grant. This award increases his total direct holdings to 1,130,793 shares following the transaction.
How do the Talkspace (TALK) RSUs granted to John Charles Reilly vest?
The 92,108 Talkspace restricted stock units granted to John Charles Reilly vest in 16 substantially equal quarterly installments. Vesting occurs only if he continues serving with the company through each applicable vesting date, aligning the award with ongoing employment.
What does each Talkspace (TALK) RSU granted to John Charles Reilly represent?
Each restricted stock unit granted to John Charles Reilly represents a contingent right to receive one share of Talkspace common stock. The RSUs convert into shares over time as they vest, subject to his continued service with the company on each vesting date.
Is the Talkspace (TALK) Form 4 for John Charles Reilly a market purchase or sale?
The Form 4 for John Charles Reilly reflects an equity grant of 92,108 restricted stock units at no cash price, not an open-market purchase or sale. It is a compensation-related award rather than a discretionary trade in Talkspace shares on the market.