Gotlib Phyllis 4

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.