Form 4: Teladoc Health Executive Adam Vandervoort Reports Stock Transactions
SEC Form 4 Filing
Adam Vandervoort, Chief Legal Officer and Secretary of Teladoc Health, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 19, 2025, Adam Vandervoort acquired 21,400 shares of Teladoc Health common stock through the conversion of restricted stock units.
- Also on March 19, 2025, Vandervoort disposed of 21,400 restricted stock units.
- On March 20, 2025, Vandervoort sold 11,011 shares of common stock at a price of $8.424 per share.
- Following these transactions, Vandervoort directly owns 64,308 shares of Teladoc Health common stock and 42,800 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The sale of shares to cover tax obligations is a common practice and generally does not significantly affect stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Conversion of 21,400 restricted stock units to common stock. |
| 03/20/2025 | Sale of 11,011 shares of common stock at $8.424 per share. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
| June 1, 2025 | Beginning date for quarterly installments of restricted stock units vesting. |
Keywords
Teladoc Health, TDOC, Adam Vandervoort, Form 4, Stock Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership, SEC Filing
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