Teladoc Health has issued an inducement award of restricted stock units covering 50,000 shares to David Packles, who joins as Head of Product of BetterHelp. The award, effective July 1, 2026, vests one-third on the first anniversary of the grant date and the remainder quarterly over the following two years, contingent on continued service. It was approved by the Compensation Committee and granted under the company's 2023 Employment Inducement Incentive Award Plan in compliance with NYSE Rule 303A.08.
Teladoc IncInducement award to new product head is a routine compensation event, not material to company performance.