Teladoc legal chief sells shares for tax withholding
Teladoc Health, Inc. insider Adam C. Vandervoort, the company’s Chief Legal Officer and Secretary, reported equity compensation vesting and related share sales.
Rhea-AI Filing Summary
Teladoc Health, Inc. insider Adam C. Vandervoort, the company’s Chief Legal Officer and Secretary, reported equity compensation vesting and related share sales. On June 1, 2026, restricted stock units and performance stock units converted on a one-for-one basis into a total of 14,928 shares of common stock. On June 2, 2026, he sold 7,906 shares of common stock at $7.627 per share to satisfy the tax withholding obligation tied to these vesting awards. Following these transactions, Vandervoort directly owned 110,261 shares of Teladoc common stock.
Positive
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Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Vandervoort Adam C
Role
CHIEF LEGAL OFFICER, SECRETARY
Sold
7,906 shs ($60K)
Approx. gross sale proceeds
$60K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,906 | $7.627 | $60K |
| Exercise | Performance Stock Units | 426 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,350 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,152 | $0.00 | $0.00 |
| Exercise | Common Stock | 426 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,350 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,152 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Units — 2,979 contracts (Direct);
Restricted Stock Units — 80,120 contracts (Direct);
Common Stock — 110,261 shares (Direct)
Footnotes (7)
- 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. The performance stock units vest as to one-third on March 1, 2026, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F5. 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.
- F6. 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.
- F7. 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: 7,906 shares
Sale price: $7.627 per share
Shares acquired via vesting: 14,928 shares
+2 more
5 metrics
Shares sold
7,906 shares
Common stock sold on June 2, 2026
Sale price
$7.627 per share
Price for 7,906 common shares sold
Shares acquired via vesting
14,928 shares
Common shares from RSU and PSU conversion on June 1, 2026
Post-transaction holdings
110,261 shares
Common shares directly owned after transactions
Exercise transactions
3 exercises, 14,928 shares
Derivative exercises of RSUs and PSUs
Key Terms
Restricted stock units, Performance stock units, tax withholding obligation, open-market sale
4 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.
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.
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."
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Teladoc (TDOC) report for Adam C. Vandervoort?
Adam C. Vandervoort reported equity awards vesting into common shares and a related share sale. On June 1, 2026, restricted and performance stock units converted into 14,928 Teladoc common shares, followed on June 2, 2026 by a tax-related sale of 7,906 shares.
What equity awards vested for Adam C. Vandervoort in the latest Teladoc (TDOC) Form 4?
Restricted stock units and performance stock units vested and converted into Teladoc common shares. Footnotes state both award types convert to common stock on a one-for-one basis, with 14,928 underlying shares of common stock delivered in connection with these vesting events.
AI-generated analysis. How Rhea-AI works. Not financial advice.
