Tax-driven stock sale by American Well Corp (AMWL) officer

Rhea-AI Filing Summary

American Well Corp’s Chief Product & Technology Officer, Dmitry Zamansky, sold 8,460 shares of Class A Common Stock at $9.33 per share. According to the filing, the sale was an automatic “sell to cover” transaction to pay taxes from restricted stock units vesting on July 1, 2026, and was not a discretionary trade. After the transaction, he directly holds 232,620 shares.

Insider Trade Summary

Net Seller: 8,460 shares ($78,932)

Net Sell 1 txn

Insider Zamansky Dmitry

Role Chief Product & Tech. Officer

Sold 8,460 shs ($79K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	8,460	$9.33	$79K

Holdings After Transaction: Class A Common Stock — 232,620 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 8,460 shares Sale price: $9.33 per share Shares held after transaction: 232,620 shares +2 more

5 metrics

Shares sold 8,460 shares Class A Common Stock sold on July 1, 2026

Sale price $9.33 per share Open-market sale price for the 8,460 shares

Shares held after transaction 232,620 shares Direct holdings after the sale

Net shares sold 8,460 shares Net-sell direction per transaction summary

Officer role Chief Product & Tech. Officer Reporting person’s title at American Well Corp

Key Terms

restricted stock units, sell to cover, open-market sale, Form 4

4 terms

restricted stock units financial

"tax liability arising from the vesting and settlement of restricted stock units on July 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

"The sales were effected through and automatic "sell to cover" transaction"

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 regulatory

"The sales reported in this Form 4 were made in order to pay the tax liability"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 05:18 PM Accepted by SEC EDGAR 07/01/2026 - 05:17 PM Learn about SEC filing dates

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)
07/01/2026

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	07/01/2026		S(1)		8,460	D	$9.33	232,620	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 July 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	07/01/2026
	** 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 American Well Corp (AMWL) report for Dmitry Zamansky?

American Well Corp reported that Chief Product & Technology Officer Dmitry Zamansky sold 8,460 Class A shares. The shares were sold at $9.33 each in an automatic transaction linked to restricted stock unit vesting and related tax obligations.

Was the AMWL insider share sale by Dmitry Zamansky a discretionary trade?

The sale was not discretionary. The filing states it was an automatic “sell to cover” transaction executed to pay tax liabilities arising from restricted stock units that vested and settled on July 1, 2026.

How many American Well (AMWL) shares did Dmitry Zamansky sell and at what price?

Dmitry Zamansky sold 8,460 shares of American Well Corp Class A Common Stock. The shares were sold at a price of $9.33 per share in an open-market sale to cover tax obligations from RSU vesting.

How many American Well Corp (AMWL) shares does Dmitry Zamansky hold after this transaction?

After the tax-related sale, Dmitry Zamansky directly holds 232,620 shares of American Well Corp Class A Common Stock. This post-transaction balance reflects his remaining direct equity position reported in the Form 4 filing.

Why did American Well’s Chief Product & Technology Officer sell shares on July 1, 2026?

He sold shares to cover tax liability from the vesting and settlement of restricted stock units on July 1, 2026. The filing describes the sale as an automatic “sell to cover” mechanism rather than a discretionary investment decision.