Teladoc Health grants inducement awards to five new employees
- Teladoc Health issued inducement awards to five new employees effective from late April and early May 2025.
- The awards included restricted stock units for employees of Uplift Health as a result of its acquisition.
- This initiative is part of Teladoc's strategy to enhance its workforce and align employee interests with the company's long-term success.
On May 02, 2025, in Purchase, New York, Teladoc Health, Inc. made an announcement regarding employee inducement awards. The awards were granted to five new employees as part of their strategy to attract talent following the acquisition of Uplift Health Technologies, Inc. Four employees from Uplift Health received restricted stock units covering a total of 215,028 shares of Teladoc Health's common stock, which will vest over two to three years, contingent on continued service to the company. Additionally, a new non-executive employee of Teladoc Health was awarded 52,300 shares of common stock that will vest as one-third on the anniversary of the grant date, followed by quarterly vesting of the remainder over two subsequent years. This initiative aims to bolster the company's workforce and align employee interests with those of the company's shareholders, ensuring that employees are motivated to contribute to Teladoc Health's ongoing success. The awards were approved by the Compensation Committee of Teladoc Health's Board of Directors, following regulations set forth by the New York Stock Exchange.