Amwell officer plans $42K tax-related share sale
Rhea-AI Filing Summary
American Well Corp (AMWL) reports that officer Phyllis Gotlib has filed a Rule 144 notice covering a proposed sale of 3,573 shares of Class A common stock through Morgan Stanley, with an indicated aggregate market value of $42,173.19, expected on 09/01/2026 on the NYSE.
The securities relate to the vesting of restricted stock units. The filer states the transaction is an automatic “sell to cover” to pay tax liabilities from RSU vesting and does not represent a discretionary trade. In the prior three months, the filer sold 6,677 shares for $62,306.43 on 07/01/2026 and 3,573 shares for $34,797.09 on 06/01/2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 3,573 shares of Class A common stock
Aggregate market value of proposed sale: $42,173.19
Shares sold on 07/01/2026: 6,677 shares
+5 more
8 metrics
Shares to be sold
3,573 shares of Class A common stock
Proposed Rule 144 sale around 09/01/2026
Aggregate market value of proposed sale
$42,173.19
Estimated value of 3,573 shares covered by the notice
Shares sold on 07/01/2026
6,677 shares
Class A common stock sold for tax-related purposes
Proceeds on 07/01/2026 sale
$62,306.43
Aggregate sale price for 6,677 shares
Shares sold on 06/01/2026
3,573 shares
Class A common stock sold within past three months
Proceeds on 06/01/2026 sale
$34,797.09
Aggregate sale price for 3,573 shares
Shares outstanding
15,361,463 shares
Class A common stock outstanding referenced in the notice
Date of notice
09/01/2026
Date the Rule 144 notice was signed by Phyllis Gotlib
Key Terms
Rule 144, restricted stock units, automatic "sell to cover" transaction
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"vesting and settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
automatic "sell to cover" transaction financial
"pursuant to an automatic "sell to cover" transaction that did not represent"
FAQ
What is American Well Corp (AMWL) reporting in this Form 144 filing?
American Well Corp discloses that officer Phyllis Gotlib filed a Rule 144 notice to sell 3,573 shares of Class A common stock around 09/01/2026 on the NYSE, in connection with vested restricted stock units and related tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.