Gil Margolin - 11 Dec 2024 Form 4 Insider Report for Talkspace, Inc. (TALK)

Signature
By: /s/ John Reilly, Attorney-in-fact for Gil Margolin
Issuer symbol
TALK
Transactions as of
11 Dec 2024
Net transactions value
-$50,443
Form type
4
Filing time
13 Dec 2024, 17:00:03 UTC
Previous filing
10 Dec 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Disposed to Issuer $50,443 -14,537 -5.3% $3.47 258,355 11 Dec 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).