4/A: Talkspace Executive John C. Reilly Amends Form 4 Filing to Correct Beneficial Ownership
SEC Filing Amendment
John C. Reilly, Chief Legal Officer and Secretary of Talkspace, Inc., amended his Form 4 filing to correct a misreported amount of securities beneficially owned following a recent transaction.
Summary
- John C. Reilly, the Chief Legal Officer and Secretary of Talkspace, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects an administrative error in the original Form 4 filed on February 27, 2025, regarding the amount of securities beneficially owned after a transaction.
- On February 25, 2025, Reilly purchased 5,470 shares of Talkspace common stock at a weighted average price of $2.88 per share.
- The purchase price ranged from $2.88 to $2.885 per share.
- Following the reported transaction, Reilly beneficially owns 886,206 shares of Talkspace common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing amendment, indicating a neutral sentiment. The correction of an error is a positive sign for transparency.
Positives
- The amendment ensures accurate reporting of beneficial ownership, promoting transparency.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the filing ensures shareholders have accurate information regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: John C. Reilly purchased Talkspace common stock. |
| 02/27/2025 | Date of original Form 4 filing which contained an error. |
| 02/28/2025 | Date of amended Form 4/A filing to correct the error. |
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