Form 4: Talkspace Director Erez Shachar Receives RSU Grants

Talkspace Director Erez Shachar was granted 51,990 Restricted Stock Units, vesting on December 1, 2025, and December 1, 2026.

Summary

• Erez Shachar, a Director of Talkspace, Inc. (TALK), reported transactions involving the acquisition of common stock.
• On December 1, 2025, Mr. Shachar was granted 3,768 Restricted Stock Units (RSUs) which vest in full on the grant date.
• Additionally, on December 1, 2025, Mr. Shachar was granted 48,222 Restricted Stock Units (RSUs) which vest in full on the one-year anniversary of the grant date, subject to continued service.
• The acquisition price for all RSUs was $0, indicating they were grants rather than purchases.
• Following these transactions, Mr. Shachar directly beneficially owns 373,738 shares and 421,960 shares of common stock (from the two RSU grants).
• Mr. Shachar also indirectly beneficially owns 8,573,437 shares of common stock through Qumra Capital II, L.P., disclaiming beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The filing reports routine equity compensation grants to a director, which is generally a neutral to slightly positive event as it aligns management incentives with shareholder interests. It does not contain information that would significantly alter the company's perceived value or outlook.

Positives

• The grant of Restricted Stock Units (RSUs) aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The vesting schedule for the 48,222 RSUs, requiring continued service for one year, acts as a retention incentive for the director.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Industry Context

The granting of Restricted Stock Units (RSUs) to directors is a common practice in the technology and healthcare sectors, serving as a form of equity compensation to attract, retain, and incentivize key personnel by aligning their financial interests with the long-term success of the company.

Related Party Transactions

• Erez Shachar indirectly beneficially owns 8,573,437 shares through Qumra Capital II, L.P. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, as he is a managing partner of Qumra Capital Israel I Ltd., which is the general partner of Qumra GP II, L.P., the general partner of Qumra Capital II, L.P.

Stakeholder Impact

• Shareholders: The grants align the director's incentives with shareholder value creation, as the value of the RSUs is tied to the company's stock price.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The 48,222 Restricted Stock Units are scheduled to vest on December 1, 2026, contingent upon Erez Shachar's continued service to Talkspace, Inc.

Key Dates

Keywords

Talkspace, TALK, Form 4, Restricted Stock Units, RSU, Erez Shachar, Director, Insider Transaction, Equity Compensation