American Well Corp (AMWL) officer reports automatic RSU tax sell-to-cover
Rhea-AI Filing Summary
American Well Corp’s Chief Product & Technology Officer reported a routine tax-related stock sale. On 01/02/2026, the insider sold 6,243 shares of Class A common stock at $4.85 per share. According to the explanation, the sale was an automatic “sell to cover” transaction used to pay taxes arising from the vesting and settlement of restricted stock units on January 1, 2026, and did not represent a discretionary trade.
After this transaction, the reporting person beneficially owned 191,468 shares of American Well Corp stock, held directly.
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FAQ
What insider transaction did American Well Corp (AMWL) report?
The Chief Product & Technology Officer of American Well Corp (AMWL) reported selling 6,243 shares of Class A common stock on 01/02/2026 at $4.85 per share.
Why did the AMWL insider sell 6,243 shares?
The filing states the shares were sold to pay the tax liability from the vesting and settlement of restricted stock units on January 1, 2026 through an automatic “sell to cover” transaction.
Was the American Well Corp (AMWL) insider sale discretionary?
No. The sale was described as an automatic “sell to cover” transaction and the filing notes it did not represent a discretionary trade by the reporting person.
How many American Well (AMWL) shares does the insider hold after the sale?
Following the reported transaction, the Chief Product & Technology Officer beneficially owned 191,468 shares of American Well Corp Class A common stock, held directly.
What role does the reporting person hold at American Well Corp (AMWL)?
The reporting person serves as Chief Product & Technology Officer of American Well Corp.
What type of security was involved in this AMWL Form 4 filing?
The transaction involved Class A common stock of American Well Corp (AMWL). No derivative securities were reported in Table II.