Amwell (NYSE: AMWL) CFO receives 50,413 RSUs in stock grant

Rhea-AI Filing Summary

HIRSCHHORN MARK reported acquisition or exercise transactions in this Form 4 filing.

American Well Corp reported that its Chief Financial Officer, Mark Hirschhorn, received an equity award tied to 50,413 shares of Class A common stock on March 4, 2026. The award was granted at no cash cost per share.

According to the footnote, this represents a grant of restricted stock units that will vest in equal quarterly installments over a two-year period, starting on the first calendar day of the month after three months from the grant date. Following this award, Hirschhorn directly holds 253,999 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^*

HIRSCHHORN MARK

(Last) (First) (Middle)

C/O AMERICAN WELL CORPORATION

75 STATE ST, 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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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	03/04/2026		A(1)		50,413	A	$0	253,999	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 ("RSUs"), which will vest in equal quarterly increments over a two (2) year period, beginning on the first calendar day of the month following the date that is three months following the grant date until such RSUs are fully vested on the first calendar day of the month following the 24 month anniversary of the grant date.

	/s/ Anna Nesterova as attorney-in-fact for Mark Hirschhorn	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did AMWL CFO Mark Hirschhorn report on this Form 4?

Mark Hirschhorn, Chief Financial Officer of American Well Corp, reported receiving an equity award linked to 50,413 shares of Class A common stock. The transaction was coded as a grant or award acquisition at a price of $0.00 per share, indicating a compensatory stock grant.

How many AMWL shares were granted to the CFO and on what date?

The CFO was granted 50,413 restricted stock units tied to Class A common stock on March 4, 2026. These units represent a stock-based compensation award, increasing his direct holdings and aligning his incentives more closely with American Well Corp shareholders over time.

How do the granted AMWL restricted stock units vest over time?

The 50,413 restricted stock units vest in equal quarterly installments over two years. Vesting begins on the first calendar day of the month following the date that is three months after the grant, and continues until the month following the 24‑month anniversary of the grant.

What is Mark Hirschhorn’s direct AMWL share ownership after this award?

After this award, Mark Hirschhorn directly holds 253,999 shares of American Well Corp Class A common stock. This total reflects his position following the grant of 50,413 restricted stock units, further tying his compensation to the company’s equity performance and long-term value creation.

Did the AMWL CFO pay any cash for the 50,413-share equity award?

No cash was paid for this equity award; the per-share transaction price was reported as $0.00. This indicates the 50,413 restricted stock units were granted as part of compensation rather than purchased in the open market, a common structure for executive stock incentives.