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Teladoc Health Announces Employee Inducement Award under NYSE Rule 303A.08

Key Takeaway: Teladoc Health has announced the issuance of an inducement award to David Packles, the new Head of Product at BetterHelp. Effective July 1, 2026, Packles received 50,000 restricted stock units, which will vest over three years. This award was approved by the Compensation Committee and aligns with NYSE Rule 303A.08.
Price reaction · baseline $9.2 (2026-07-02 close) · hit after-hours · clean, no other TDOC news in the window
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POSITIVE FACTORS

  • Teladoc Health continues to attract top talent with competitive incentives.
  • The inducement award reflects confidence in the new Head of Product's capabilities.
  • The structured vesting schedule aligns employee interests with company performance.

Full Press Release Details

NEW YORK, July 03, 2026 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, today announced that it issued an inducement award to a new employee.
Effective July 1, 2026, in connection with commencing employment as Head of Product of BetterHelp, David Packles was granted an award of restricted stock units covering 50,000 shares of Teladoc Health’s common stock, par value $0.001 per share (“Common Stock”). The restricted stock units vest, based on continued service to Teladoc Health, as to one-third of the underlying shares on the first anniversary of the grant date, with the remainder vesting quarterly over two years thereafter. The award was approved by the Compensation Committee of the Board of Directors of Teladoc Health and was granted under the Teladoc Health, Inc. 2023 Employment Inducement Incentive Award Plan as an employment inducement award pursuant to New York Stock Exchange Rule 303A.08.
About Teladoc HealthTeladoc Health (NYSE: TDOC) is the global leader in virtual care. The company is delivering and orchestrating care across patients, care providers, platforms, and partners — transforming virtual care into a catalyst for how better health happens. Through our relationships with health plans, employers, providers, health systems and consumers, we are enabling more access, driving better outcomes, extending provider capacity and lowering costs. Learn more at teladochealth.com.

Frequently Asked Questions

What is the inducement award granted to David Packles?

David Packles received an inducement award of 50,000 restricted stock units.

When does David Packles' inducement award vest?

The award vests one-third on the first anniversary and quarterly over two years.

Who approved the inducement award for Teladoc Health?

The award was approved by the Compensation Committee of Teladoc Health's Board.

What is the purpose of the inducement award?

It serves to attract and retain top talent in the company.

Last updated: Jul 3, 2026