[Form 4] Teladoc Health, Inc. Insider Trading Activity
Teladoc Health’s chief legal officer Adam C. Vandervoort reported a mix of equity awards, vesting and a related share sale.
Rhea-AI Filing Summary
Teladoc Health’s chief legal officer Adam C. Vandervoort reported a mix of equity awards, vesting and a related share sale. On March 2, he sold 27,083 shares of common stock at $5.117 per share to cover tax withholding obligations tied to recently vesting awards. Following this sale, he directly owned 103,239 common shares.
On March 1, he received a grant of 181,661 restricted stock units, each representing a contingent right to one Teladoc common share. Around February 27, multiple restricted stock unit and performance stock unit awards converted into common stock on a one-for-one basis, and he also earned 5,107 performance stock units based on metrics related to the company’s 2025 financial results.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,083 | $5.117 | $139K |
| Grant/Award | Restricted Stock Units | 181,661 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,418 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,350 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 36,610 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 1,510 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 5,107 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 1,702 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,418 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,350 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,610 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,510 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,702 | $0.00 | $0.00 |
Footnotes (13)
- 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 3, 2023, the reporting person was granted 53,013 restricted stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F5. On March 19, 2024, the reporting person was granted 64,200 restricted stock units, vesting one-third on March 19, 2025, 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.
- F7. On March 1, 2024, the reporting person earned 18,067 performance stock units, vesting one-third on March 1, 2024, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F8. Each performance stock unit represents a contingent right to receive one share of TDOC common stock.
- F9. Performance award amount determined based on metrics in respect of the issuer's 2025 financial results.
- F10. The performance stock units vest as to one-third on March 1, 2026, with the remainder vesting in eight substantially equal quarterly installments thereafter.
- F11. 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.
- F12. Each restricted stock unit represents a contingent right to receive one share of TDOC common stock.
- F13. One-third of the restricted stock units vest on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments thereafter.
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