Director at American Well (NASDAQ: AMWL) receives 14,501-share RSU grant

Rhea-AI Filing Summary

Schlegel Stephen J. reported acquisition or exercise transactions in this Form 4 filing.

American Well Corp director Stephen J. Schlegel received an equity grant of 14,501 shares of Class A Common Stock in the form of restricted stock units. The grant was awarded at no cash cost per share as part of his compensation. Following this award, Schlegel directly holds 69,054 shares of Class A Common Stock. The restricted stock units vest on the earlier of the day immediately before the first annual stockholders’ meeting after the grant date or the first anniversary of the grant date, tying the award to his continued board service.

Insights

Equity compensation analyst

Director received routine RSU grant that increases equity stake without cash purchase.

Director Stephen J. Schlegel was granted 14,501 restricted stock units of American Well Corp Class A Common Stock at a price of $0.00 per share. This is compensation, not an open-market purchase or sale.

The units vest on the earlier of the day before the first annual stockholders’ meeting after the grant date or the first anniversary of the grant date, encouraging continued service. After the grant, Schlegel directly holds 69,054 shares, indicating the transaction is modest in scale and typical of director equity awards.

Insider Trade Summary

Net Buyer: 14,501 shares

Net Buy 1 txn

Insider Schlegel Stephen J.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	14,501	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 69,054 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of restricted stock units, which vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the stockholders following the grant date and (ii) the first anniversary of the grant date.

Key Figures

RSU grant size: 14,501 shares Grant price: $0.00 per share Post-grant holdings: 69,054 shares +2 more

5 metrics

RSU grant size 14,501 shares Restricted stock units of Class A Common Stock granted to director

Grant price $0.00 per share Stock-based compensation, no cash paid for RSUs

Post-grant holdings 69,054 shares Total Class A Common Stock held directly after the award

Vesting trigger Earlier of first annual meeting or 1-year anniversary Vesting condition for 14,501 restricted stock units

Transaction code A (grant/award acquisition) Indicates equity award, not open-market trade

Key Terms

restricted stock units, Class A Common Stock, annual meeting of the stockholders, transaction code A, +1 more

5 terms

restricted stock units financial

"Represents a grant of restricted stock units, which vest on the earlier of"

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.

Class A Common Stock financial

"security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

annual meeting of the stockholders financial

"the date of the first annual meeting of the stockholders following the grant date"

transaction code A regulatory

"transaction_code: A, transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/18/2026 - 05:17 PM Accepted by SEC EDGAR 06/18/2026 - 05:17 PM Learn about SEC filing dates

FAQ

What did American Well (AMWL) director Stephen J. Schlegel report in this Form 4?

Stephen J. Schlegel reported receiving a grant of 14,501 restricted stock units of American Well Class A Common Stock. The award is stock-based compensation, not an open-market purchase, and was granted at a price of $0.00 per share according to the filing.

How many American Well (AMWL) shares does Stephen J. Schlegel hold after this grant?

After the reported grant, Stephen J. Schlegel directly holds 69,054 shares of American Well Class A Common Stock. This total includes the 14,501 restricted stock units granted in the transaction described, as disclosed in the Form 4 insider filing.

Is the American Well (AMWL) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 shows a compensation grant, not a purchase. The transaction code is “A” for grant, award, or other acquisition, and 14,501 restricted stock units were awarded at $0.00 per share, indicating stock-based director compensation rather than an open-market buy.

When do Stephen J. Schlegel’s American Well (AMWL) restricted stock units vest?

The 14,501 restricted stock units vest on the earlier of the day immediately before the first annual stockholders’ meeting following the grant date or the first anniversary of the grant date. This vesting schedule links the award to ongoing board service at American Well.

Does the American Well (AMWL) Form 4 indicate any stock sales by Stephen J. Schlegel?

The Form 4 does not report any stock sales by Stephen J. Schlegel. It only records an acquisition via a grant of 14,501 restricted stock units, with no dispose or sell transactions listed in the summarized insider activity data.

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^*

Schlegel Stephen J.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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	06/16/2026		A(1)		14,501	A	$0	69,054	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. Represents a grant of restricted stock units, which vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the stockholders following the grant date and (ii) the first anniversary of the grant date.

	/s/ Anna Nesterova as attorney-in-fact for Stephen Schlegel	06/18/2026
	** 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)