Braunstein Douglas L 4
4 · Talkspace, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Talkspace (TALK) 10% Owner Douglas Braunstein Receives RSU Award
What Happened
Douglas L. Braunstein, identified as a greater-than-10% owner of Talkspace, Inc. (TALK), was granted 3,363 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports an acquisition (code A) at $0.00 per share (total $0). Per the filing, the RSUs vest in full on the grant date, meaning each RSU is a contingent right to one share and is vested as of June 1, 2026.
Key Details
- Transaction date: June 1, 2026 (reported on Form 4 filed June 3, 2026).
- Transaction type/code: Award/Grant (A).
- Shares granted: 3,363 RSUs; reported price: $0.00; total value shown: $0.
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes:
- F1: RSUs represent contingent rights to one share each and vested in full on the grant date.
- F2: Securities are jointly held by Mr. Braunstein and Samara Braunstein.
- F3/F4: Hudson Executive Capital and related entities may be deemed beneficial owners; Mr. Braunstein disclaims beneficial ownership except for any pecuniary interest.
- Timeliness: Filed June 3, 2026; appears to be within the standard Form 4 reporting window.
Context
This was an equity award (RSUs) that vested immediately on grant—not an open-market purchase or sale. RSU grants are typically compensation or part of an ownership arrangement and do not necessarily signal a personal market buy or sell. As Mr. Braunstein is a >10% owner and a managing partner of an affiliated investment adviser, some holdings may be attributable to affiliated funds rather than personal trading.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+3,363→ 2,087,264 total
- 1,273,690
Common Stock
[F2] - 1,000,756(indirect: See Footnotes)
Common Stock
[F2] - 11,340,600(indirect: See Footnotes)
Common Stock
[F3][F4]
Footnotes (4)
- [F1]Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock. The RSUs vest in full on the grant date, June 1, 2026.
- [F2]These securities are jointly held by Mr. Braunstein and Samara Braunstein.
- [F3]Hudson Executive Capital LP ("Hudson Executive"), as the investment adviser to certain affiliated investment funds, may be deemed to be the beneficial owner of the securities reported on this Form 4 (the "Subject Securities") for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). HEC Management GP LLC ("Management GP"), as the general partner of Hudson Executive, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act. By virtue of Mr. Braunstein's position as Managing Partner of Hudson Executive and Managing Member of Management GP, Mr. Braunstein may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act.
- [F4]Mr. Braunstein disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.