Form 4: Talkspace CEO Jon R. Cohen Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Talkspace CEO Jon R. Cohen disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 11, 2024, Talkspace CEO Jon R. Cohen disposed of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
- A total of 75,903 shares were disposed of in three separate transactions.
- The price for each transaction was $2.
- Following these transactions, Cohen directly owns 2,268,882 shares of Talkspace common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of stock disposal transactions |
| 09/13/2024 | Date of signature for the report |
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