Braunstein Douglas L 4
Research Summary
AI-generated summary
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.