Cohen Jon R 4
Research Summary
AI-generated summary
Talkspace (TALK) CEO Jon R. Cohen Receives Award
What Happened
- Jon R. Cohen, Chief Executive Officer of Talkspace, was granted 387,823 restricted stock units (RSUs) on March 31, 2026. The award was reported as an "A" (award/grant) transaction at $0.00 cash price (i.e., no cash paid at grant).
- The RSUs are a contingent right to receive one share per RSU upon vesting; no shares were sold or purchased in this filing.
Key Details
- Transaction date: 2026-03-31; Filing date (Form 4): 2026-04-06 (appears to be filed more than 2 business days after the transaction).
- Grant amount and reported price: 387,823 RSUs @ $0.00 (no cash consideration).
- Vesting: The RSUs vest in 16 substantially equal installments on a quarterly basis, contingent on continued service through each vesting date (per filing footnote).
- Shares owned after transaction: not specified in the supplied filing details.
- Transaction code: A (award/grant). No 10b5-1, tax withholding, or sale noted in this filing.
Context
- RSUs are a form of equity compensation that convert into company shares only as they vest; they are typically used for retention and long-term incentive pay. Because these units vest over 16 quarterly installments, they will convert to shares gradually (subject to Cohen remaining with the company).
- This filing reports a grant (not a purchase or sale), so it does not reflect an immediate cash investment or disposition by the insider. The later filing date may be noteworthy to investors tracking timely insider reporting.