American Well CAO sells 112 shares for taxes

American Well Corp’s chief accounting officer completed a small automatic share sale to cover taxes from restricted stock unit vesting.

Rhea-AI Filing Summary

American Well Corp (AMWL) discloses that Chief Accounting Officer Paul Francis McNeice sold 112 shares of Class A Common Stock on September 1, 2026 at $11.80 per share. According to the company’s disclosure, the automatic “sell to cover” sale was made solely to pay tax liability from vested restricted stock units, and McNeice now holds 9,739 shares directly.

Insider Trade Summary

Net Seller: 112 shares

Net Sell 1 txn

Insider McNeice Paul Francis

Role Chief Accounting Officer

Sold 112 shs ($1K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	112	$11.80	$1K

Holdings After Transaction: Class A Common Stock — 9,739 shares (Direct)

Footnotes (1)

1. F1. 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 September 1, 2026. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.

Key Figures

Shares sold: 112 shares Sale price per share: $11.80 per share Shares owned after transaction: 9,739 shares +1 more

4 metrics

Shares sold 112 shares Class A Common Stock sold by the chief accounting officer on September 1, 2026

Sale price per share $11.80 per share Price for the 112 shares of Class A Common Stock sold

Shares owned after transaction 9,739 shares Direct holdings of the chief accounting officer following the sale

Transaction date September 1, 2026 Date of the automatic “sell to cover” share sale

Key Terms

sell to cover, restricted stock units, tax liability

3 terms

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.

restricted stock units financial

"arising from the vesting and settlement of restricted stock units on September 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.

tax liability financial

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

FAQ

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

What insider transaction did AMWL report for Paul Francis McNeice?

American Well Corp reported that Chief Accounting Officer Paul Francis McNeice sold 112 shares of Class A Common Stock on September 1, 2026 at $11.80 per share, leaving him with 9,739 shares held directly after the transaction.

Why did the AMWL chief accounting officer sell 112 shares?

The company states the 112-share sale was made to pay the tax liability arising from the vesting and settlement of restricted stock units on September 1, 2026, through an automatic “sell to cover” transaction.

Was the AMWL insider’s sale a discretionary trade or automatic?

American Well Corp discloses that the sale was effected through an automatic “sell to cover” transaction and did not represent a discretionary trade by Chief Accounting Officer Paul Francis McNeice.

How many AMWL shares does Paul Francis McNeice own after the sale?

Following the reported transaction, Chief Accounting Officer Paul Francis McNeice holds 9,739 shares of American Well Corp Class A Common Stock directly, as disclosed in the filing.

Was the AMWL insider sale reported under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not checked, and the company describes the transaction only as an automatic “sell to cover” sale to satisfy tax liability, without identifying a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/03/2026 - 05:38 PM EDT Accepted by SEC EDGAR 09/03/2026 - 05:06 PM EDT Learn about SEC filing dates

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)
09/01/2026

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	09/01/2026		S(1)		112	D	$11.8	9,739	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 September 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	09/03/2026
	** 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)