American Well (NYSE: AMWL) insider schedules Rule 144 stock sale
Rhea-AI Filing Summary
American Well Corporation insider Phyllis Gotlib has filed a notice to sell 3,574 shares of Class A common stock through Morgan Stanley on the NYSE, with an aggregate market value of 14,501. The company reports 14,723,951 Class A shares outstanding, so this is a small transaction relative to the total.
The shares to be sold are tied to a restricted stock unit grant, with 6,786 Class A shares vesting on 12/01/2025 and paid via that vesting. Over the prior three months, Gotlib sold 4,781 and 4,959 Class A shares on 09/02/2025 and 10/01/2025, generating gross proceeds of 32,422.35 and 30,281.64. By signing the notice, the seller represents that she is not aware of any undisclosed material adverse information about American Well’s operations.
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FAQ
What does American Well (AMWL) disclose in this Form 144 notice?
The notice states that insider Phyllis Gotlib plans to sell 3,574 shares of American Well Class A common stock under Rule 144 through Morgan Stanley on the NYSE, with an aggregate market value of 14,501.
How large is the planned AMWL share sale compared with shares outstanding?
The planned sale covers 3,574 Class A shares, while American Well reports 14,723,951 Class A shares outstanding, indicating the sale is small relative to total shares.
When will the AMWL shares be sold and on which exchange?
The approximate date of sale is listed as 12/01/2025, and the Class A common stock is expected to be sold on the NYSE, with Morgan Stanley as broker.
How were the American Well (AMWL) shares being sold acquired?
The filing shows that 6,786 Class A shares were acquired on 12/01/2025 through the vesting of a restricted stock unit grant from American Well Corporation, and this vesting is also listed as the nature of payment.
Has the seller recently sold other AMWL shares?
Yes. Over the past three months, Phyllis Gotlib sold 4,781 Class A shares on 09/02/2025 for gross proceeds of 32,422.35, and 4,959 Class A shares on 10/01/2025 for gross proceeds of 30,281.64.
What representation does the seller make about American Well in this notice?
By signing, the seller represents that she does not know any material adverse information about American Well’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.