Teladoc CAO sells shares to cover RSU taxes
Teladoc Health, Inc. Chief Accounting Officer Joseph Ronald Catapano reported the vesting of restricted stock units and a related share sale.
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Rhea-AI Filing Summary
Teladoc Health, Inc. Chief Accounting Officer Joseph Ronald Catapano reported the vesting of restricted stock units and a related share sale. On July 1, 2026, 2,083 restricted stock units converted into the same number of common shares at a conversion price of $0.00 per share. According to the footnotes, these units convert to Teladoc common stock on a one-for-one basis and relate to a 25,000-unit grant awarded on October 1, 2024.
On July 2, 2026, 653 common shares were sold at $9.10 per share. A footnote explains that these shares were sold to cover the tax withholding obligation arising from the RSU vesting, indicating a compensation-related, non-discretionary sale rather than an ordinary portfolio transaction. Following these transactions, Catapano directly holds 12,267 Teladoc common shares, and 10,418 restricted stock units remain outstanding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 653 | $9.10 | $6K |
| Exercise | Restricted Stock Units | 2,083 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,083 | $0.00 | $0.00 |
Footnotes (3)
- 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. On October 1, 2024, the reporting person was granted 25,000 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.
Key Figures
Key Terms
Restricted stock units financial
open-market sale financial
derivative security financial
tax withholding obligation financial
FAQ
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What insider transactions did Teladoc (TDOC) report for Joseph Ronald Catapano?
How many Teladoc (TDOC) restricted stock units vested in this Form 4 filing?
What are Joseph Ronald Catapano’s Teladoc (TDOC) holdings after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.