American Well officer plans $55.7K stock sale

The planned transaction is described as automatic tax coverage tied to restricted stock unit vesting, rather than a discretionary trade.

Rhea-AI Filing Summary

American Well Corp (AMWL) lists Officer Mark Hirschhorn's planned sale of 4,282 Class A common shares on October 1, 2026, with an aggregate market value of $55,668.14. The remarks say the automatic “sell to cover” transaction is to pay tax liability from restricted stock unit vesting and settlement, and is not a discretionary trade. The notice also lists 6,302 shares associated with an RSU grant vesting October 1, 2026, and prior sales of 10,751 shares on September 1 and 4,299 shares on July 1, 2026.

Key Figures

Shares planned for sale: 4,282 shares Aggregate market value: $55,668.14 Shares outstanding: 15,361,463 shares +3 more

6 metrics

Shares planned for sale 4,282 shares Class A common stock; October 1, 2026

Aggregate market value $55,668.14 Shares planned for sale

Shares outstanding 15,361,463 shares Class A common stock

Shares associated with RSU vesting 6,302 shares Restricted stock unit grant vesting October 1, 2026

Prior shares sold 10,751 shares September 1, 2026

Prior shares sold 4,299 shares July 1, 2026

Key Terms

sell to cover, restricted stock units, Rule 144

3 terms

sell to cover financial

"automatic “sell to cover” transaction"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

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.

Rule 144 regulatory

"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.

FAQ

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

How many AMWL shares does Mark Hirschhorn plan to sell?

Mark Hirschhorn, identified as an Officer, gave notice of a planned sale of 4,282 shares of Class A common stock on October 1, 2026, with an aggregate market value of $55,668.14. The remarks describe the transaction as an automatic sell-to-cover sale.

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

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Available on EDGAR 10/01/2026 - 05:21 PM Accepted by SEC EDGAR 10/01/2026 - 05:21 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001081343
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	American Well Corporation
SEC File Number	001-39515
Address of Issuer	75 State Street Ste. 100 Boston MASSACHUSETTS 02109
Phone	617-204-3500
Name of Person for Whose Account the Securities are To Be Sold	Mark Hirschhorn
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Morgan Stanley 1 New York Plaza 38th Floor New York NY 10004	4282	55668.14	15361463	10/01/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	10/01/2026	Vesting of Restricted Stock Unit Grant	American Well Corporation			6302	10/01/2026	Vesting of Restricted Stock Unit Grant

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Mark Hirschhorn c/o American Well Corporation 75 State Street, Ste. 100 Boston MA 02109	Class A Common Stock	09/01/2026	10751	126897.28
Mark Hirschhorn c/o American Well Corporation 75 State Street, Ste. 100 Boston MA 02109	Class A Common Stock	07/01/2026	4299	40116.12

144: Remarks and Signature

Remarks	The Reporting Person is selling the securities set forth herein pursuant to an automatic "sell to cover" transaction that did not represent a discretionary trade by the Reporting Person in order to pay the tax liability arising from the vesting and settlement of restricted stock units.
Date of Notice	10/01/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Mark Hirschhorn
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)