Teladoc officer sells 7,573 shares at $6.30
Teladoc Health’s chief legal officer converted vested equity awards into shares and sold a portion to satisfy tax withholding obligations.
Rhea-AI Filing Summary
Teladoc Health, Inc. (TDOC) reported insider equity activity by Chief Legal Officer and Secretary Adam C. Vandervoort. On September 1, 2026, his restricted stock units and performance stock units were converted into an aggregate of 14,928 shares of common stock on a one-for-one basis as vesting occurred. On September 2, 2026, he sold 7,573 shares of common stock at $6.301 per share, and a footnote states these shares were sold to cover the tax withholding obligation arising from the vesting of these awards. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 7,573 | $6.301 | $48K |
| Exercise | Restricted Stock Units F1, F4 | 5,350 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 9,152 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F2, F6 | 426 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,350 | -- | -- |
| Exercise | Common Stock F1 | 9,152 | -- | -- |
| Exercise | Common Stock F2 | 426 | -- | -- |
Footnotes (6)
- F1. Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
- F2. Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
- F3. Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's performance stock unit and restricted stock unit awards.
- F4. On March 19, 2024, the reporting person was granted 64,200 restricted stock units, vesting one-third on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments beginning on June 1, 2025.
- F5. On March 1, 2025, the reporting person was granted 109,832 restricted stock units, vesting one-third on March 1, 2026, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F6. On March 1, 2026, the reporting person earned 5,107 performance stock units, vesting one-third on March 1, 2026, with the remainder vesting in eight substantially equal quarterly installments thereafter.
Key Figures
Key Terms
Restricted stock units financial
Performance stock units financial
tax withholding obligation financial
vesting financial
FAQ
What insider transactions did Teladoc Health (TDOC) report for Adam C. Vandervoort?
What equity awards for Teladoc Health (TDOC) vested or converted in this Form 4?
Were the Teladoc Health (TDOC) insider transactions under a Rule 10b5-1 plan?
What performance stock units remain for the Teladoc Health (TDOC) insider after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.