Form 4: Talkspace CEO Jon R. Cohen Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Talkspace CEO Jon R. Cohen reports disposals of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Jon R. Cohen, CEO of Talkspace, Inc., reported the disposal of several blocks of common stock to cover tax withholding obligations.
- These disposals were related to the vesting of restricted stock units (RSUs).
- The disposals occurred at a price of $2.86 per share.
- Following these transactions, Cohen directly owns 2,573,060 shares of Talkspace common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock disposal transactions. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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