Teladoc (TDOC) Form 144: Recent Restricted Shares Proposed for Sale
Rhea-AI Filing Summary
Form 144 filing for Teladoc Health, Inc. (TDOC) shows proposed sale of 4,149 common shares through Fidelity Brokerage Services with an aggregate market value of $31,490.91, to be sold on or about 09/03/2025 on the NYSE. The filer reports acquiring these shares by restricted stock vesting on 09/01/2025, recorded as compensation. The issuer's outstanding shares are listed as 176,690,662.
The filing also discloses sales by the same person in the past three months: 4,174 shares sold 06/03/2025 for $28,842.34 and 2,383 shares sold 09/02/2025 for $18,075.77. The signer certifies no undisclosed material adverse information.
Positive
- Full compliance with Rule 144 disclosure including broker, acquisition details, and past three-month sales
- Transparency on acquisition showing these shares were from restricted stock vesting and recorded as compensation
Negative
- None.
Insights
TL;DR: Insider sale of recently vested restricted shares; transaction size is immaterial relative to outstanding stock.
The filing documents a routine disposition of 4,149 newly vested shares executed through a broker. Compared with the listed 176.69 million shares outstanding, this sale is de minimis and unlikely to affect market supply or valuation materially. Recent prior sales totaling 6,557 shares over three months suggest periodic monetization of compensation rather than a large, concentrated divestiture.
TL;DR: Disclosure aligns with Rule 144 requirements; acquisition via restricted stock vesting and certification are standard.
The filer reports acquisition by restricted stock vesting and declares the absence of undisclosed material information, consistent with regulatory expectations for Rule 144 notices. The use of a broker and disclosure of past three-month sales provide transparency. No governance or compliance issues are stated in the filing itself.