Teladoc exec sells 7,357 shares for tax withholding
Teladoc’s U.S. Group Health president settled RSUs and PSUs into shares, then sold stock mainly to cover tax withholding from those vestings.
Rhea-AI Filing Summary
Teladoc Health, Inc. (TDOC) officer Kelly Bliss, President, U.S. Group Health, reported vesting and settlement of equity awards and a related sale. On September 1, 2026, she converted 15,311 restricted and performance stock units into the same number of Teladoc common shares. On September 2, 2026, she sold 7,357 common shares at $6.301 per share, with the company stating the sale was to cover tax withholding obligations arising from the vesting of her stock unit awards. Following these transactions, she continues to hold 7,798 performance stock units directly.
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
7,357 shs ($46K)
Approx. gross sale proceeds
$46K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 7,357 | $6.301 | $46K |
| Exercise | Restricted Stock Units F1, F4 | 4,859 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 9,152 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F2, F6 | 1,300 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,859 | -- | -- |
| Exercise | Common Stock F1 | 9,152 | -- | -- |
| Exercise | Common Stock F2 | 1,300 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 64,636 contracts (Direct);
Performance Stock Units — 7,798 contracts (Direct);
Common Stock — 92,832 shares (Direct)
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 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.
- 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 15,596 performance stock units, vesting one-third on March 1, 2026, with the remainder vesting in eight substantially equal quarterly installments thereafter.
Key Figures
Common shares sold: 7,357 shares
Sale price per share: $6.301 per share
RSUs converted: 4,859 units
+5 more
8 metrics
Common shares sold
7,357 shares
Sale of Teladoc common stock on September 2, 2026
Sale price per share
$6.301 per share
Price for 7,357 Teladoc shares sold on September 2, 2026
RSUs converted
4,859 units
Restricted stock units converted into common stock on September 1, 2026
Additional RSUs converted
9,152 units
Restricted stock units converted into common stock on September 1, 2026
Performance stock units converted
1,300 units
Performance stock units converted into common stock on September 1, 2026
Total stock units converted
15,311 units
Total RSUs and PSUs converted into common stock on September 1, 2026
Performance stock units remaining
7,798 units
Performance stock units held directly after conversion on September 1, 2026
RSUs granted March 1, 2025
109,832 units
Restricted stock units granted to Kelly Bliss on March 1, 2025
Key Terms
Restricted stock units, Performance stock units, tax withholding obligation, one-for-one basis
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"
one-for-one basis financial
"Restricted stock units convert to shares of TDOC common stock on a one-for-one basis"
FAQ
What did Teladoc (TDOC) executive Kelly Bliss report in this Form 4?
Kelly Bliss reported the conversion of 15,311 restricted and performance stock units into Teladoc common stock on September 1, 2026, and the sale of 7,357 common shares on September 2, 2026 to address related tax withholding obligations from those vestings.
What performance stock units remain outstanding for Kelly Bliss at Teladoc (TDOC)?
After converting 1,300 performance stock units into common shares on September 1, 2026, Kelly Bliss continues to hold 7,798 performance stock units directly, as reported in the Form 4’s derivative transaction table.
What prior Teladoc (TDOC) equity awards to Kelly Bliss are referenced in the Form 4?
The filing notes grants of 58,300 restricted stock units on March 19, 2024 and 109,832 restricted stock units on March 1, 2025, plus 15,596 performance stock units earned on March 1, 2026, each vesting one-third initially with the remainder in eight quarterly installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
