Teladoc (TDOC) Form 144 Notices Restricted Stock Sale of 5,867 Shares
Rhea-AI Filing Summary
Teladoc Health, Inc. (TDOC) Form 144 shows an insider sale notice for 5,867 common shares, with an aggregate market value of $44,502.95, reported for an approximate sale date of 09/02/2025 on the NYSE. The shares were acquired by restricted stock vesting on 08/29/2025 and are being sold as compensation. The filer also reported a prior sale of 5,808 shares on 06/02/2025 for gross proceeds of $39,842.88. Outstanding shares are listed as 176,690,662, indicating the disclosed transactions represent a very small fraction of total shares.
Positive
- Disclosed acquisition source: Securities were acquired via restricted stock vesting on 08/29/2025, clarifying the origin of the shares.
- Regulatory compliance: The filer submitted Form 144 as required and represented no undisclosed material adverse information, supporting transparency.
Negative
- Insider sale reported: The notice records a planned sale of 5,867 shares (and a prior sale of 5,808 shares), which are dispositions by an insider even though amounts are small.
Insights
TL;DR: Small insider sale from vested restricted stock; immaterial to capitalization but important for disclosure transparency.
The Form 144 documents an intended sale of 5,867 shares valued at $44,502.95 arising from restricted stock vesting dated 08/29/2025. Given total shares outstanding of 176,690,662, the transaction is immaterial to overall market capitalization. The filing fulfils Rule 144 notice requirements and clarifies that the acquisition was compensation-related rather than an open-market purchase, which is relevant when assessing insider motivations. Prior sale activity (5,808 shares on 06/02/2025) is disclosed, indicating recurring small dispositions. Impact on share supply and liquidity is negligible.
TL;DR: Proper disclosure of equity compensation vesting and planned sale; governance practice aligns with Rule 144 compliance.
The filer certified absence of undisclosed material adverse information and provided required details including acquisition date, nature (restricted stock vesting), and payment nature (compensation). This transparency supports good governance and regulatory compliance. The size of the proposed sale is small relative to outstanding shares, suggesting limited governance or control implications. The filing does not disclose any trading-plan adoption date or 10b5-1 plan details.