Form 4: Talkspace Executive John C. Reilly Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
John C. Reilly, Chief Legal Officer and Secretary of Talkspace, Inc., reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, John C. Reilly, the Chief Legal Officer and Secretary of Talkspace, Inc., filed a Form 4 with the SEC.
- The filing reports the disposal of common stock to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
- A total of 12,521 shares of common stock were disposed of at a price of $2.86 per share.
- Following these transactions, Reilly still beneficially owns 1,040,035 shares of Talkspace, Inc.
- The transactions were executed to cover tax liabilities associated with the vesting of previously reported RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's stock. This filing indicates routine tax-related stock disposals, which are common.
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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