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.
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.
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Insights
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Insider Trade Summary
| 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 | -- | -- |
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
Key Terms
Performance stock units financial
Restricted stock units financial
tax withholding obligation financial
substantially equal quarterly installments financial
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?
What equity awards vested for the Teladoc Health (TDOC) CEO in this Form 4?
Were the Teladoc Health (TDOC) insider sales under a Rule 10b5-1 plan?
What do the footnotes reveal about the Teladoc Health (TDOC) CEO’s stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.