American Well (NYSE: AMWL) officer sells shares in automatic tax-related trade

Rhea-AI Filing Summary

American Well Corp Chief Product & Tech. Officer Dmitry Zamansky reported an open-market sale of 5,575 shares of Class A Common Stock at $5.30 per share. The footnote explains the sale was an automatic “sell to cover” to pay taxes from restricted stock units vesting on April 1, 2026, and not a discretionary trade. Following this transaction, he directly holds 241,080 shares.

Insider Trade Summary

Net Seller: 5,575 shares ($29,548)

Net Sell 1 txn

Insider Zamansky Dmitry

Role Chief Product & Tech. Officer

Sold 5,575 shs ($30K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	5,575	$5.30	$30K

Holdings After Transaction: Class A Common Stock — 241,080 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 5,575 shares Sale price: $5.30 per share Shares held after sale: 241,080 shares

3 metrics

Shares sold 5,575 shares Open-market sale on April 1, 2026

Sale price $5.30 per share Open-market sale of Class A Common Stock

Shares held after sale 241,080 shares Direct ownership following the Form 4 transaction

Key Terms

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

3 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

"automatic "sell to cover" transaction that did not represent a discretionary trade"

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.

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^*

Zamansky Dmitry

(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 Product & Tech. 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)		5,575	D	$5.3	241,080	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 Dmitry Zamansky	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 AMWL executive Dmitry Zamansky report?

Dmitry Zamansky reported selling 5,575 shares of American Well Corp Class A Common Stock. The transaction was an open-market sale at $5.30 per share and was disclosed as part of his Form 4 filing.

Why did AMWL’s Chief Product & Tech. Officer sell 5,575 shares?

The shares were sold to cover tax liabilities arising from restricted stock units that vested and settled on April 1, 2026. The filing states this was an automatic “sell to cover” transaction rather than a discretionary trade by Zamansky.

How many American Well Corp shares does Dmitry Zamansky hold after this sale?

After selling 5,575 shares, Dmitry Zamansky directly holds 241,080 shares of American Well Corp Class A Common Stock. This post-transaction holding is disclosed in the Form 4 as his direct ownership position.

Was the AMWL insider share sale a discretionary trade?

No, the filing specifies the sales were executed through an automatic “sell to cover” mechanism. This means the transactions were triggered to pay tax obligations from RSU vesting rather than reflecting a discretionary trading decision by Zamansky.

What type of security did the AMWL insider sell on April 1, 2026?

Zamansky sold American Well Corp Class A Common Stock on April 1, 2026. The Form 4 notes an open-market sale of 5,575 shares at $5.30 per share to satisfy tax liabilities from restricted stock unit vesting.