Form 4: Teladoc Health Executive Kelly Bliss Reports Stock Transactions
SEC Form 4 Filing
Kelly Bliss, President, U.S. Group Health at Teladoc Health, reported the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On March 19, 2025, Kelly Bliss, President, U.S. Group Health at Teladoc Health, exercised 19,433 restricted stock units (RSUs) that converted to common stock on a one-for-one basis.
- Following the vesting, 9,470 shares were sold on March 20, 2025, at a price of $8.424 per share to cover tax withholding obligations.
- After these transactions, Bliss directly owns 45,384 shares of Teladoc Health common stock and 38,867 restricted stock units.
- The RSUs were granted on March 19, 2024, and vest in installments.
Sentiment
Score: 5
Explanation: The document reflects routine stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Executive stock transactions are a normal part of corporate governance and compensation practices. Monitoring these transactions can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Reporting person was granted 58,300 restricted stock units, vesting one-third on the first anniversary of the grant date, with the remainder vesting in eight substantially equal quarterly installments beginning on June 1, 2025. |
| 03/19/2025 | Kelly Bliss exercised 19,433 restricted stock units. |
| 03/20/2025 | 9,470 shares were sold at $8.424 per share. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Teladoc Health, Kelly Bliss, restricted stock units, TDOC, Form 4, insider trading, stock sale, executive compensation
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