Teladoc (TDOC) President Carlos Nueno Sells 6,200 Shares

What Happened Carlos Nueno, Teladoc's President, International, had restricted stock units convert into common shares and then sold a portion to cover tax withholding. On 2026-09-01 Nueno converted two awards totaling 13,273 shares (4,556 + 8,717) into TDOC common stock (reported as derivative exercises/conversions). On 2026-09-02 he sold 6,200 shares in an open-market transaction at $6.30 per share, generating proceeds of $39,066. The conversion entries were reported at $0 (typical for RSU vest/settlement), not an out-of-pocket option exercise.

Key Details

• Transaction dates: conversions on 2026-09-01; open-market sale on 2026-09-02 (filed 2026-09-03). Filing appears timely.
• Sale: 6,200 shares at $6.30 = $39,066.
• Conversions: 4,556 and 8,717 shares converted from derivative awards on 2026-09-01 (total 13,273).
• Footnotes: F1 = RSUs convert one-for-one to common stock; F2 = the 6,200-share sale was to cover tax withholding on RSU vesting. F3/F4 describe the original RSU grant schedules (Mar 19, 2024 and Mar 1, 2025 grants and vesting terms).
• Shares owned after the transaction: not specified in this Form 4 filing.

Context

• These filings reflect RSU vesting and a routine tax-withholding sale rather than a cash purchase or directional investment. The derivative-code entries (M) indicate conversion/settlement of restricted stock units, not an options purchase. Sales to cover taxes are common and do not necessarily signal the insider's view of the stock.