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Amwell officer plans $42K tax-related share sale

(Neutral)
(Neutral)
Form Type
144

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

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Negative

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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
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.

How many AMWL shares does Phyllis Gotlib plan to sell under this notice?

The notice covers a proposed sale of 3,573 shares of American Well Corp Class A common stock, with an indicated aggregate market value of $42,173.19, expected to be sold through Morgan Stanley on or about 09/01/2026.

What is the purpose of Phyllis Gotlib’s AMWL share sale?

The filer states the sale is an automatic “sell to cover” transaction to pay the tax liability arising from the vesting and settlement of restricted stock units, and that it did not represent a discretionary trade by the reporting person.

What recent AMWL share sales has Phyllis Gotlib reported in the last three months?

In the last three months, Phyllis Gotlib reported selling 6,677 shares for $62,306.43 on 07/01/2026 and 3,573 shares for $34,797.09 on 06/01/2026, both of Class A common stock of American Well Corp.

Which broker is handling the planned AMWL share sale for Phyllis Gotlib?

The planned sale of 3,573 AMWL shares is to be executed through Morgan Stanley, located at 1 New York Plaza, under the Rule 144 notice, with trading expected on the NYSE on or about 09/01/2026.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature