American Well Corp (AMWL) CAO auto-sells shares to cover RSU taxes

Rhea-AI Filing Summary

American Well Corp's Chief Accounting Officer, Paul Francis McNeice, reported an open-market sale of 130 shares of Class A common stock at $5.24 per share on March 2, 2026. According to the filing, the sale was an automatic “sell to cover” transaction to pay taxes from restricted stock units vesting on March 1, 2026 and was not a discretionary trade. After this tax-related sale, he directly holds 2,933 shares of Class A common stock.

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

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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, 26TH FLOOR

(Street)

BOSTON MA 02109

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		S(1)		130	D	$5.24	2,933	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 March 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	03/03/2026
	** 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.

FAQ

What insider transaction did AMWL’s Chief Accounting Officer report?

American Well Corp’s Chief Accounting Officer, Paul Francis McNeice, reported selling 130 shares of Class A common stock. The transaction was an open-market sale, documented on a Form 4 insider trading report for American Well Corp (ticker AMWL).

At what price were the AMWL shares sold in this Form 4 filing?

The 130 shares of American Well Corp Class A common stock were sold at $5.24 per share. This sale price is explicitly disclosed in the Form 4 transaction details, which list both the share quantity and the corresponding per-share sale price.

Why did AMWL’s Paul Francis McNeice sell 130 shares of stock?

The sale was executed to pay tax liabilities arising from vesting and settlement of restricted stock units on March 1, 2026. The filing states it was an automatic “sell to cover” transaction, meaning it did not represent a discretionary trade by the insider.

Was the AMWL insider stock sale a discretionary trade?

No, the filing specifies the sale did not represent a discretionary trade by the reporting person. It was executed automatically as a “sell to cover” transaction to satisfy tax obligations triggered by restricted stock units vesting.

How many AMWL shares does the insider hold after the reported sale?

After selling 130 shares, Paul Francis McNeice directly holds 2,933 shares of American Well Corp Class A common stock. This post-transaction ownership figure is disclosed in the Form 4 as the total shares following the transaction.

What role does the reporting person hold at American Well Corp (AMWL)?

The reporting person, Paul Francis McNeice, serves as Chief Accounting Officer of American Well Corp. His officer status and specific title are clearly indicated in the insider trading report associated with this Form 4 filing.