Teladoc exec sells 15,251 shares after RSU vesting
Teladoc Health’s BetterHelp president converted vested RSUs into stock and then sold 15,251 shares, including tax-withholding and Rule 10b5-1 plan sales.
Rhea-AI Filing Summary
Teladoc Health, Inc. (TDOC) reports that Fernando M. Rodrigues, President of BetterHelp, converted a total of 15,251 restricted stock units into an equal number of common shares on September 1, 2026, then sold 15,251 common shares on September 2–3, 2026. One sale covered tax withholding on RSU vesting and another was executed under a Rule 10b5-1 trading plan adopted on November 3, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Rodrigues Fernando M.
Role
President of BetterHelp
Sold
15,251 shs ($98K)
Approx. gross sale proceeds
$98K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 9,812 | $6.51 | $64K |
| Sale | Common Stock F2 | 5,439 | $6.301 | $34K |
| Exercise | Restricted Stock Units F1, F4 | 5,492 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 1,042 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 8,717 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,492 | -- | -- |
| Exercise | Common Stock F1 | 1,042 | -- | -- |
| Exercise | Common Stock F1 | 8,717 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 59,878 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (6)
- F1. Restricted stock units convert to shares of TDOC common stock on a one-for-one basis.
- F2. Shares sold to cover the tax withholding obligation in respect of vesting of the reporting person's restricted stock unit awards.
- F3. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on November 3, 2025.
- F4. On December 1, 2023, the reporting person was granted 65,894 restricted stock units, vesting one-third on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F5. On March 19, 2024, the reporting person was granted 12,500 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 104,602 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 September 3, 2026: 9,812 shares at $6.51 per share
Shares sold September 2, 2026: 5,439 shares at $6.301 per share
RSUs converted to common stock: 15,251 restricted stock units
+5 more
8 metrics
Shares sold September 3, 2026
9,812 shares at $6.51 per share
Open-market or private sale of Teladoc Health common stock
Shares sold September 2, 2026
5,439 shares at $6.301 per share
Sale of common stock to cover tax withholding on RSU vesting
RSUs converted to common stock
15,251 restricted stock units
Converted into 15,251 shares of Teladoc Health common stock on September 1, 2026
RSU grant December 1, 2023
65,894 restricted stock units
Vesting one-third on first anniversary, remainder in eight quarterly installments
RSU grant March 19, 2024
12,500 restricted stock units
Vesting one-third on first anniversary, remainder in eight quarterly installments from June 1, 2025
RSU grant March 1, 2025
104,602 restricted stock units
Vesting one-third on March 1, 2026, remainder in eight quarterly installments
Rule 10b5-1 plan adoption date
November 3, 2025
Plan under which one reported sale transaction was effected
RSU conversion ratio
1.0
Restricted stock units convert to TDOC common stock on a one-for-one basis
Key Terms
Restricted stock units, Rule 10b5-1 trading plan, tax withholding obligation, vesting
4 terms
Restricted stock units financial
"the reporting person was granted 65,894 restricted stock units, vesting one-third"
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.
Rule 10b5-1 trading plan regulatory
"transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligation financial
"Shares sold to cover the tax withholding obligation in respect of vesting"
vesting financial
"vesting one-third on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did TDOC’s Fernando M. Rodrigues report on this Form 4?
He reported converting 15,251 restricted stock units into common stock on September 1, 2026, followed by sales totaling 15,251 common shares on September 2–3, 2026.
How many TDOC restricted stock units did Rodrigues convert to common stock?
He converted a total of 15,251 restricted stock units into 15,251 shares of Teladoc Health common stock on September 1, 2026, through three RSU conversion transactions.
What is the conversion ratio for Rodrigues’s TDOC restricted stock units?
A footnote states that the restricted stock units convert to shares of TDOC common stock on a one-for-one basis, so each vested unit becomes one share of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
