Gotlib Phyllis 4
4 · American Well Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
American Well (AMWL) President Phyllis Gotlib Sells Shares
What Happened
- Phyllis Gotlib, President, International at American Well (AMWL), disposed of 3,573 shares on 2026-03-02. The shares were sold at $5.24 each for proceeds of $18,723. This was a sale (not a purchase) and was executed to cover tax obligations tied to recently vested restricted stock units.
Key Details
- Transaction date and price: 2026-03-02, 3,573 shares sold at $5.24/share (total $18,723).
- Transaction type: Reported as an open market or private sale (S); footnote states it was an automatic "sell to cover" to pay taxes on RSU vesting on March 1, 2026.
- Footnote: The sale was non‑discretionary — executed to cover tax withholding from RSU settlement (not an independent decision to trade).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Report filed 2026-03-03 for a 2026-03-02 transaction; appears to be filed promptly.
Context
- Sell-to-cover transactions are routine tax-withholding actions when restricted stock units vest; they do not by themselves indicate a change in an insider’s outlook on the company. For retail investors, purchases tend to be more informative about insider confidence than routine sell-to-cover sales.
Insider Transaction Report
Form 4
Gotlib Phyllis
President, International
Transactions
- Sale
Class A Common Stock
[F1]2026-03-02$5.24/sh−3,573$18,723→ 116,297 total
Footnotes (1)
- [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 March 1, 2026. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
Signature
/s/ Anna Nesterova as attorney-in-fact for Phyllis Gotlib|2026-03-03