Teladoc (NYSE: TDOC) director logs new RSU grant and exercises prior award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teladoc Health director David L. Shedlarz reported equity compensation and an award vesting event. On May 21, 2026, he received a grant of 30,441 restricted stock units (RSUs), each representing a right to one share of Teladoc common stock, vesting in full on the earlier of May 21, 2027 or the day before the 2027 annual meeting.
On May 20, 2026, he acquired 29,986 shares of common stock through an exercise or conversion of derivative securities and exercised 28,986 RSUs, fully settling that prior award. Following the stock acquisition, he directly held 61,266 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,986 shares exercised/converted
Mixed
3 txns
Insider
SHEDLARZ DAVID L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 30,441 | $0.00 | -- |
| Exercise | Restricted Stock Units | 28,986 | $0.00 | -- |
| Exercise | Common Stock | 29,986 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 30,441 shares (Direct, null);
Common Stock — 61,266 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert to shares of TDOC common stock on a one-for-one basis. On May 22, 2025, the reporting person was granted 28,986 restricted stock units, vesting in full on May 20, 2026. Each restricted stock unit represents a contingent right to receive one share of TDOC common stock. The restricted stock units vest in full on the earlier of (i) May 21, 2027 and (ii) the day immediately preceding the issuer's 2027 annual meeting of stockholders. Vested shares will be delivered to the reporting person on the earliest to occur of (i) within 90 days following the date that is 30 days following the reporting person's separation of service, (ii) immediately prior to, on or within 30 days following a Change of Control (as defined in the issuer's Deferred Compensation Plan for Non-Employee Directors) and (iii) the reporting person's death.
Key Figures
New RSU grant: 30,441 RSUs
New RSU vesting date: May 21, 2027
Common shares acquired: 29,986 shares
+3 more
6 metrics
New RSU grant
30,441 RSUs
Granted May 21, 2026 to David L. Shedlarz
New RSU vesting date
May 21, 2027
Vests on earlier of May 21, 2027 or day before 2027 meeting
Common shares acquired
29,986 shares
Common stock acquired via derivative exercise on May 20, 2026
RSUs exercised
28,986 RSUs
Previously granted units exercised on May 20, 2026
Common shares held
61,266 shares
Direct Teladoc common stock holding after May 20, 2026 transaction
Exercise price
$0.00 per unit
RSU and stock transactions reported at $0.0000 per share
Key Terms
Restricted Stock Units, contingent right, Change of Control, Deferred Compensation Plan for Non-Employee Directors, +1 more
5 terms
Restricted Stock Units financial
"Restricted stock units convert to shares of TDOC common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of TDOC common stock."
Change of Control financial
"immediately prior to, on or within 30 days following a Change of Control (as defined in the issuer's Deferred Compensation Plan for Non-Employee Directors)"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Deferred Compensation Plan for Non-Employee Directors financial
"Change of Control (as defined in the issuer's Deferred Compensation Plan for Non-Employee Directors)"
separation of service financial
"within 90 days following the date that is 30 days following the reporting person's separation of service"
FAQ
What did Teladoc (TDOC) director David L. Shedlarz report in this Form 4?
He reported equity compensation activity, not open-market trades. The filing shows a new grant of restricted stock units and the exercise of previously granted units into common shares, updating his direct stock and RSU holdings in Teladoc Health.
How many Teladoc (TDOC) restricted stock units were granted to David L. Shedlarz?
He was granted 30,441 restricted stock units. Each unit represents a contingent right to receive one share of Teladoc common stock. This award is part of his director compensation and is subject to vesting conditions detailed in the filing’s footnotes.
When do David L. Shedlarz’s new Teladoc (TDOC) RSUs vest?
The new RSUs vest in full on the earlier of May 21, 2027 or the day immediately preceding Teladoc’s 2027 annual meeting of stockholders. Actual share delivery then follows specific timing triggers, including separation of service, a qualifying change of control, or death.
What prior Teladoc (TDOC) RSU award did David L. Shedlarz exercise?
He exercised 28,986 restricted stock units that were granted on May 22, 2025 and vested in full on May 20, 2026. Each unit converted into one share of Teladoc common stock, and the RSU balance for that award fell to zero after settlement.
Are David L. Shedlarz’s Teladoc (TDOC) transactions open-market buys or sales?
No open-market buys or sales are reported. The Form 4 shows a grant of restricted stock units and exercises or conversions of derivative awards into common stock. These are compensation-related and do not reflect discretionary open-market trading activity.