American Well Corp (AMWL) CAO auto-sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 130 shares ($681)
Net Sell
1 txn
Insider
McNeice Paul Francis
Role
Chief Accounting Officer
Sold
130 shs ($681.20)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 130 | $5.24 | $681.20 |
Holdings After Transaction:
Class A Common Stock — 2,933 shares (Direct)
Footnotes (1)
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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).
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.
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.