Form 4: Talkspace CEO Jon R. Cohen Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Talkspace CEO Jon R. Cohen disposed of 10,053 shares of common stock on June 22, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On June 22, 2024, Jon R. Cohen, the CEO of Talkspace, Inc., disposed of 10,053 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
- The price per share was $2.13.
- Following the transaction, Cohen beneficially owns 2,344,785 shares of Talkspace common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/22/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 06/26/2024 | Date of signature on the Form 4 filing. |
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