Talkspace Announces Board Changes and Executive Compensation Updates
Ticker: TALKW · Form: 8-K · Filed: May 20, 2024 · CIK: 1803901
| Field | Detail |
|---|---|
| Company | Talkspace, Inc. (TALKW) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $400,000, $650,000, $200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
Talkspace board shakeup and exec pay changes filed. Watch for new director names and compensation details.
AI Summary
On May 20, 2024, Talkspace, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, though specific names and dollar amounts for these arrangements are not detailed in the provided text.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may affect future strategy and financial performance.
Key Players & Entities
- Talkspace, Inc. (company) — Registrant
- Hudson Executive Investment Corp. (company) — Former Company Name
- May 20, 2024 (date) — Date of Report
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and departure of certain officers, but the specific names of individuals elected or departing are not detailed in the provided text.
What are the details of the updated compensatory arrangements for officers?
The filing mentions updates to compensatory arrangements for certain officers, but the specific details, including dollar amounts or terms, are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 20, 2024.
What is Talkspace, Inc.'s fiscal year end?
Talkspace, Inc.'s fiscal year end is December 31.
What is the SEC file number for Talkspace, Inc.?
The SEC file number for Talkspace, Inc. is 001-39314.
Filing Stats: 1,172 words · 5 min read · ~4 pages · Grade level 9.6 · Accepted 2024-05-20 16:25:17
Key Financial Figures
- $0.0001 — e on which registered Common stock, $0.0001 par value per share TALK Nasdaq Glo
- $400,000 — r provides for an annual base salary of $400,000 and a target annual bonus opportunity e
- $650,000 — ensation, based on the expectation of a $650,000 target award value for the 2024 fiscal
- $200,000 — 4 fiscal year, with a minimum amount of $200,000. The Company will also reimburse Ms. Fu
Filing Documents
- talk-20240520.htm (8-K) — 63KB
- talk-ex99_1.htm (EX-99.1) — 13KB
- img227085625_0.jpg (GRAPHIC) — 8KB
- 0000950170-24-062424.txt ( ) — 241KB
- talk-20240520.xsd (EX-101.SCH) — 51KB
- talk-20240520_htm.xml (XML) — 6KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release issued by Talkspace, Inc., dated May 20, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Talkspace, Inc. Date: May 20, 2024 By: /s/ John C. Reilly John C. Reilly Chief Legal Officer/EVP