Teladoc exec exercises stock units, sells for taxes
Teladoc Health President U.S. Group Health Kelly Bliss reported routine equity compensation activity.
Rhea-AI Filing Summary
Teladoc Health President U.S. Group Health Kelly Bliss reported routine equity compensation activity. On June 1, 2026, she exercised performance and restricted stock units that converted into a total of 15,310 shares of common stock at a conversion price of $0.00 per share.
On June 2, 2026, she sold 7,679 common shares at $7.627 per share to cover the tax withholding obligation tied to these vestings, according to the footnotes. After these transactions, she directly owned 92,378 Teladoc shares, indicating a net increase in her equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Bliss Kelly
Role
President, U.S. Group Health
Sold
7,679 shs ($59K)
Approx. gross sale proceeds
$59K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,679 | $7.627 | $59K |
| Exercise | Performance Stock Units | 1,300 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,858 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,152 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,300 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,858 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,152 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Units — 9,098 contracts (Direct);
Restricted Stock Units — 78,647 contracts (Direct);
Common Stock — 92,378 shares (Direct)
Footnotes (6)
- F1. Performance stock units convert to shares of TDOC common stock on a one-for-one basis.
- F2. Restricted 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 1, 2026, the reporting person earned 15,596 performance stock units, vesting one-third on March 1, 2026, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F5. On March 19, 2024, the reporting person was granted 58,300 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.
- F6. 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.
Key Figures
Shares sold: 7,679 shares
Sale price: $7.627 per share
Shares from unit vesting: 15,310 shares
+4 more
7 metrics
Shares sold
7,679 shares
Common stock sold on June 2, 2026
Sale price
$7.627 per share
Price for 7,679 Teladoc shares sold
Shares from unit vesting
15,310 shares
Common shares received from exercised stock units on June 1, 2026
Post-transaction holdings
92,378 shares
Direct Teladoc common stock owned after transactions
Performance stock units earned
15,596 units
Earned on March 1, 2026
RSU grant 2024
58,300 units
Restricted stock units granted March 19, 2024
RSU grant 2025
109,832 units
Restricted stock units granted March 1, 2025
Key Terms
Performance stock units, Restricted stock units, tax withholding obligation, Exercise or conversion of derivative security, +1 more
5 terms
Performance stock units financial
"Performance stock units convert to shares of TDOC common stock on a one-for-one basis."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
tax withholding obligation financial
"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."
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Teladoc (TDOC) executive Kelly Bliss report?
Kelly Bliss reported exercising stock units that converted into 15,310 Teladoc shares and selling 7,679 shares. The sale was specifically to cover tax withholding for recently vested performance and restricted stock unit awards, leaving her with a higher overall shareholding after the transactions.
What types of equity awards did Kelly Bliss have at Teladoc (TDOC)?
Her equity awards included performance stock units and restricted stock units, each converting to Teladoc common stock on a one-for-one basis. Footnotes detail prior grants, including 15,596 performance stock units earned and multiple restricted stock unit grants vesting over quarterly installments after initial vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
