American Well Corp: CFO Mark Hirschhorn sold 4,282 shares

What happened Mark Hirschhorn, the chief financial officer, sold 4,282 shares at $13.00 per share on Oct 01, 2026 for $55,666, according to the Form 4 filed Oct 05, 2026. The transaction is reported as an open market or private sale (code S).

Key details

• Transaction date and price: Oct 01, 2026 — 4,282 shares at $13.00 per share.
• Total value reported: $55,666.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: "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 October 1, 2026. The sales were effected through an automatic 'sell to cover' transaction that did not represent a discretionary trade by the reporting person."
• Filing date and timeliness: Form filed Oct 05, 2026; filing is not indicated as late.

Why it may matter

• The filing shows the sale was to pay the tax liability from the vesting and settlement of restricted stock units and was effected via an automatic sell-to-cover; it is not reported as an options exercise or a gift.
• A filing does not show why the insider traded or why the company acted.