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 29,321 shares of common stock on March 6, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 6, 2024, Jon R. Cohen, the CEO of Talkspace, Inc., disposed of 29,321 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- The shares were disposed of at a price of $2.99 per share.
- Following the transaction, Cohen directly owns 2,428,310 shares of Talkspace common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. These filings provide transparency to the market regarding the transactions of company leadership.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the transaction where 29,321 shares were disposed of to cover tax obligations. |
| 03/08/2024 | Date of signature for the Form 4 filing. |
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