Douglas L. Braunstein - 17 Aug 2026 Form 4 Insider Report for Talkspace, Inc. (TALK)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: TALK
Reported as of: 17 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Aug 2026, 09:56:31 UTC
Prior SEC filing: 03 Jun 2026
Source filing: View source filing
Reporting owner signature: By: /s/ John C. Reilly, Attorney in fact for Douglas L Braunstein

Key filing fact

Douglas L. Braunstein filed Form 4 for Talkspace, Inc. (TALK) on 17 Aug 2026.

Key facts

This page summarizes Douglas L. Braunstein's Form 4 filing for Talkspace, Inc. (TALK).
7 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Aug 2026, 09:56.

Change

Previous filing in this sequence was filed on 03 Jun 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001495110 Primary reporting owner

Braunstein Douglas L

Relationship: Director, 10%+ Owner
Address: C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK
Signature: By: /s/ John C. Reilly, Attorney in fact for Douglas L Braunstein
Signature date: 17 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TALK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -2,038,612
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F2

TALK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -891,583
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F2, F3

TALK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -700,529
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: By Braunstein 2015 Trust
Footnotes: F1, F2, F3

TALK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -9,795,600
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: See Footnote
Footnotes: F1, F2, F4

TALK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -48,222
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TALK transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares: -640,000
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 640,000
Exercise price: $1.22
Footnotes: F1, F6

TALK transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares: -63,402
Change %: -100%
Price
Shares after: 0
Date: 17 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 63,402
Exercise price: $8.52
Footnotes: F1, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Douglas L. Braunstein is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

In connection with the terms of that certain Agreement and Plan of Merger, dated as of March 9, 2026 (the "Merger Agreement"), by and among Talkspace, Inc., a Delaware Corporation (the "Issuer"), Universal Health Services, Inc., a Delaware corporation ("Parent"), and UHS Merger Subsidiary, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as an indirect wholly owned subsidiary of Parent at the effective time of the Merger (the "Effective Time").

Footnote F2

Pursuant to the terms of the Merger Agreement, at the Effective Time, each issued and outstanding share of Issuer common stock, par value $0.0001 per share ("Common Stock") (other than shares of Common Stock canceled pursuant to the Merger Agreement) was converted into the right to receive $5.25 in cash (the "Merger Consideration").

Footnote F3

These securities are jointly held by Mr. Braunstein and Samara Braunstein.

Footnote F4

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. Mr. Braunstein disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.

Footnote F5

Pursuant to the terms of the Merger Agreement, at the Effective Time, each Issuer restricted stock unit that was or became vested in accordance with its terms at the Effective Time (each, a "Vested RSU") was canceled and converted into the right to receive a cash payment equal to the product of (i) the number of shares of Common Stock subject to such Vested RSU immediately prior to the Effective Time and (ii) the Merger Consideration.

Footnote F6

Pursuant to the terms of the Merger Agreement, at the Effective Time, each Issuer stock option that was or became vested in accordance with its terms at the Effective Time (each, a "Vested Stock Option") was canceled and converted into the right to receive a cash payment equal to the product of (i) the number of shares of Common Stock subject to such Vested Stock Option immediately prior to the Effective Time and (ii) the excess, if any, of (a) the Merger Consideration over (b) the per share exercise price of such Vested Stock Option.

Footnote F7

Pursuant to the terms of the Merger Agreement, at the Effective Time, each Vested Stock Option reported in this row had an exercise price equal to or greater than the Merger Consideration and was canceled for no consideration.