Teladoc CEO sells 17,805 shares for taxes
Teladoc Health CEO Charles Divita III exercised stock units into common shares and sold shares mainly to satisfy tax withholding obligations.
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Form Type
4
Rhea-AI Filing Summary
Teladoc Health, Inc. (TDOC) reported that Chief Executive Officer and director Charles Divita III exercised equity awards and sold shares. On September 10, 2026, performance stock units for 3,642 shares and restricted stock units for 39,160 shares converted on a one-for-one basis into common stock. On September 11, 2026, he sold 17,805 common shares at $6.104 per share, with the filing stating the sale was to cover tax withholding obligations related to these vestings.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
DIVITA CHARLES III
Role
CHIEF EXECUTIVE OFFICER
Sold
17,805 shs ($109K)
Approx. gross sale proceeds
$109K
Share of Position Sold
3.7%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 17,805 | $6.104 | $109K |
| Exercise | Performance Stock Units F1, F4 | 3,642 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 39,160 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,642 | -- | -- |
| Exercise | Common Stock F2 | 39,160 | -- | -- |
Holdings After Transaction:
Performance Stock Units — 10,926 contracts (Direct);
Restricted Stock Units — 117,483 contracts (Direct);
Common Stock — 465,535 shares (Direct)
Holdings Before and After:
Performance Stock Units, 14,568 to 10,926 contracts (Direct);
Restricted Stock Units, 156,643 to 117,483 contracts (Direct);
Common Stock, 440,538 to 465,535 shares (Direct)
Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (5)
- 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. On June 10, 2026, the reporting person earned 23,591 performance stock units, vesting as to seven-twelfths on March 10, 2026, with the remainder vesting in five substantially equal quarterly installments over the subsequent 15 months.
- F5. On June 10, 2024, the reporting person was granted 469,924 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
Common shares sold: 17,805 shares
Sale price per share: $6.104 per share
Performance stock units converted: 3,642 shares
+4 more
7 metrics
Common shares sold
17,805 shares
Sale by CEO on September 11, 2026 to cover tax withholding
Sale price per share
$6.104 per share
Common stock sale on September 11, 2026
Performance stock units converted
3,642 shares
Converted into common stock on September 10, 2026, one-for-one
Restricted stock units converted
39,160 shares
Converted into common stock on September 10, 2026, one-for-one
Total units exercised
42,802 units
Aggregate of performance and restricted stock units converted on September 10, 2026
Performance stock unit award size
23,591 units
Earned June 10, 2026, with seven-twelfths vesting March 10, 2026
Restricted stock unit grant size
469,924 units
Granted June 10, 2024, vesting one-third after one year, remainder quarterly
Key Terms
Performance stock units, Restricted stock units, tax withholding obligation, substantially equal quarterly installments
4 terms
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.
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.
tax withholding obligation financial
"Shares sold to cover the tax withholding obligation in respect of vesting"
substantially equal quarterly installments financial
"with the remainder vesting in five substantially equal quarterly installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Teladoc Health (TDOC) report for Charles Divita III?
Teladoc Health reported that CEO Charles Divita III converted 3,642 performance stock units and 39,160 restricted stock units into common stock on September 10, 2026, and sold 17,805 common shares on September 11, 2026, primarily to cover tax withholding obligations.
What equity awards vested for the Teladoc Health (TDOC) CEO in this Form 4?
The CEO had 3,642 performance stock units and 39,160 restricted stock units convert into Teladoc Health common stock on a one-for-one basis on September 10, 2026, reflecting the vesting and exercise of previously granted equity awards.
Were the Teladoc Health (TDOC) insider sales under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, and no footnote states that the transactions were made under a Rule 10b5-1 trading plan. The sale is described instead as covering tax withholding obligations from vesting equity awards.
What do the footnotes reveal about the Teladoc Health (TDOC) CEO’s stock units?
Footnotes state that performance and restricted stock units convert to TDOC common stock on a one-for-one basis. One award of 23,591 performance stock units vests seven-twelfths on March 10, 2026, with the rest vesting in five substantially equal quarterly installments over 15 months.
AI-generated analysis. How Rhea-AI works. Not financial advice.
