Form 4: Teladoc Health Director Thomas McKinley Reports Stock Transactions
SEC Form 4 Filing
Director Thomas McKinley reports acquisition of 17,467 restricted stock units and conversion of 9,834 restricted stock units into common stock.
Summary
- Thomas McKinley, a director of Teladoc Health, Inc. (TDOC), reported transactions involving the company's stock.
- On May 22, 2024, McKinley converted 9,834 restricted stock units into common stock.
- Also on May 22, 2024, McKinley acquired 9,834 shares of common stock through the conversion of restricted stock units.
- On May 23, 2024, McKinley acquired 17,467 restricted stock units.
- Following these transactions, McKinley directly owns 24,077 shares of Teladoc Health common stock and 17,467 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/25/2023 | Reporting person was granted 9,834 restricted stock units. |
| 05/22/2024 | Conversion of 9,834 restricted stock units to common stock. |
| 05/23/2024 | Acquisition of 17,467 restricted stock units. |
| 05/24/2024 | Date of signature for the Form 4 filing. |
| 05/23/2025 | Vesting date for 17,467 restricted stock units (or earlier if the day immediately preceding the issuer's 2025 annual meeting of stockholders). |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.