American Well (AMWL) CAO logs small sell-to-cover RSU tax trade

Rhea-AI Filing Summary

American Well Corp Chief Accounting Officer Paul Francis McNeice reported a small, non-discretionary stock sale. On April 1, 2026, he sold 383 shares of Class A Common Stock at $5.30 per share to cover tax liabilities from vesting restricted stock units. After this sell-to-cover transaction, he directly holds 10,616 shares of American Well Corp.

Insider Trade Summary

Net Seller: 383 shares ($2,030)

Net Sell 1 txn

Insider McNeice Paul Francis

Role Chief Accounting Officer

Sold 383 shs ($2K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	383	$5.30	$2K

Holdings After Transaction: Class A Common Stock — 10,616 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 383 shares Sale price: $5.30 per share Shares held after: 10,616 shares +1 more

4 metrics

Shares sold 383 shares Class A Common Stock sale on April 1, 2026

Sale price $5.30 per share Price for 383 shares sold to cover taxes

Shares held after 10,616 shares Direct holdings after April 1, 2026 transaction

Net shares sold 383 shares Net-sell direction in transaction summary

Key Terms

restricted stock units, sell to cover, open-market sale, tax liability

4 terms

restricted stock units financial

"tax liability arising from the vesting and settlement of restricted stock units on April 1, 2026"

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.

sell to cover financial

"The sales were effected through and 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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax liability financial

"made in order to pay the tax liability arising from the vesting"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McNeice Paul Francis

(Last) (First) (Middle)

C/O AMERICAN WELL CORPORATION

75 STATE STREET, STE. 100

(Street)

BOSTON MASSACHUSETTS 02109

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
American Well Corp [ AMWL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/01/2026		S(1)		383	D	$5.3	10,616	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were made in order to pay the tax liability arising from the vesting and settlement of restricted stock units on April 1, 2026. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.

	/s/ Anna Nesterova as attorney-in-fact for Paul McNeice	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did American Well (AMWL) report for Paul McNeice?

American Well reported that Chief Accounting Officer Paul Francis McNeice sold 383 shares of Class A Common Stock at $5.30 per share. The sale occurred on April 1, 2026 and was linked to vesting restricted stock units rather than a discretionary open-market trade.

Why did American Well (AMWL) executive Paul McNeice sell 383 shares?

The 383-share sale by Paul Francis McNeice was executed to pay tax liabilities arising from the vesting and settlement of restricted stock units on April 1, 2026. The transaction was an automatic sell-to-cover, not a discretionary decision to reduce his investment position.

How many American Well (AMWL) shares does Paul McNeice hold after the sale?

Following the April 1, 2026 sell-to-cover transaction, Paul Francis McNeice directly holds 10,616 shares of American Well Corp Class A Common Stock. This figure reflects his position after selling 383 shares to satisfy taxes on vested restricted stock units.

Was the American Well (AMWL) insider sale a discretionary trade?

No. The filing states the sales were effected through an automatic “sell to cover” transaction to satisfy tax liabilities from RSU vesting. It explicitly notes the transaction did not represent a discretionary trade by Paul Francis McNeice in the open market.

What price was received in the American Well (AMWL) insider sale?

The reported transaction shows 383 shares of American Well Corp Class A Common Stock sold at $5.30 per share on April 1, 2026. This price applies to the shares sold to cover the tax liability from the vesting restricted stock units.