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Amwell makes grant to new employees under inducement plan

The awards carry continued-employment requirements, with vesting spread over the first anniversary and three subsequent years.

(Moderate)

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Rhea-AI Summary

Amwell (NYSE: AMWL) granted restricted stock units covering 5,761 Class A common shares as employment inducements for new employees. The awards went to two employees under the company's Inducement Plan and were approved by the board's Compensation Committee.

Vesting requires continued employment: 25% vests on the grant's first anniversary, with the remaining 75% vesting in equal quarterly increments over three years. The grants relied on the employment inducement exemption under NYSE Rule 303A.08.

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Positive

  • None.

Negative

  • Minor point. Forward-looking: it has not happened yet and may not happen.Restricted stock units covering 5,761 Class A shares create potential dilution as awards vest.

Key Figures

Shares granted: 5,761 shares Initial vesting: 25% Remaining vesting: 75%
Shares granted
5,761 shares
Aggregate Class A common stock covered by the RSU grants
Initial vesting
25%
Vests on the first anniversary of the grant date, subject to continued employment
Remaining vesting
75%
Vests in equal pro rata increments every three months over three years, subject to continued employment

Key Terms

rsus, saas
2 terms
rsus financial
"grants of RSUs covering an aggregate of 5,761 shares"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
saas technical
"a comprehensive SaaS-based software platform"
SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BOSTON, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leading provider of a comprehensive SaaS-based software platform for technology-enabled healthcare, announces that on November 6, Amwell made grants of RSUs covering an aggregate of 5,761 shares of its Class A common stock to two new employees. The grants were offered as material inducement to the employees’ employment with Amwell. The RSUs will vest as follows, subject to the applicable employee’s continued employment through the applicable vesting date: 25% of the RSUs will vest upon the first anniversary of the grant date (“Initial Vesting Date”), and the remaining 75% of the RSUs will vest in equal pro rata increments every three months thereafter (beginning on the first calendar day of the month following the date that is three months following the Initial Vesting Date) for three years until such RSUs are vested in full.

The grants described in this press release were approved by the Compensation Committee of the Amwell’s Board of Directors pursuant to the Amwell’s Inducement Plan and made in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08. Amwell is issuing this press release pursuant to Rule 303A.08.

About Amwell
Amwell offers payers and health systems a single, comprehensive, technology-enabled care platform. We use technology to provide patients with better access to more convenient, affordable and effective care. The Amwell platform includes software and services that power many clinical programs from Amwell and our growing number of partners. Our platform allows patients to experience unified, personalized and simple access to diversified clinical programs across the care continuum. As more people seek care online and more clinical programs become available, we offer integrated, future-ready, consistent solutions. The Amwell platform is proven, operating at a large scale, enabling care for millions of patients and their sponsors while delivering dependable outcomes. For almost two decades, Amwell has proudly served some of the largest and most sophisticated healthcare organizations in the U.S. and worldwide. For more information, visit business.amwell.com or LinkedIn.

Media:
Press@amwell.com

Investor:
Asher Dewhurst
amwell@icrhealthcare.com

Notice of Ownership
All materials contained herein are the property of American Well Corporation and are copyrighted under United States law and applicable international copyright laws and treaty provisions. The materials contained herein are not work product or "work for hire" on behalf of any third party. The materials contained herein constitute the confidential information of American Well Corporation, except for specific data elements provided by third parties, which are the confidential information of such third parties. The content contained herein results from the application of American Well proprietary processes, analytical frameworks, algorithms, business methods, solution construction aids and templates, all of which are and remain the property of American Well Corporation.

Trademark Notice
All of the trademarks, service marks and logos displayed on these materials (the "Trademark(s)") are registered and unregistered trademarks of American Well Corporation or third parties who have licensed their Trademarks to American Well Corporation. Except as expressly stated in these terms and conditions, you may not reproduce, display or otherwise use any Trademark without first obtaining American Well Corporation's written permission.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares do Amwell's new employee inducement grants cover?

Amwell granted restricted stock units covering 5,761 Class A common shares to two new employees on November 6, 2026. The awards were offered as material inducements to their employment.

When do Amwell's November 2026 employee inducement awards vest?

25% vests on the grant's first anniversary, and the remaining 75% vests in equal quarterly increments over three years, subject to continued employment at each vesting date. Quarterly vesting begins on the first calendar day of the month following the date three months after the initial vesting date.

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