HIRSCHHORN MARK 4
4 · American Well Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
American Well (AMWL) CFO Mark Hirschhorn Sells 10,796 Shares
What Happened
- Mark Hirschhorn, Chief Financial Officer of American Well Corp (AMWL), sold 10,796 shares on March 2, 2026 at $5.24 per share for a total of $56,571. The filing indicates this sale was an automatic "sell-to-cover" to satisfy tax withholding from restricted stock units that vested on March 1, 2026, and was not a discretionary trade.
Key Details
- Transaction date: 2026-03-02; price: $5.24 per share; total proceeds: $56,571.
- Transaction type/code: Sale (S) via open-market/private sale designation; effected as an automatic "sell to cover."
- Reason noted (Footnote F1): Sale made to pay tax liability from RSU vesting on 2026-03-01; not a discretionary trade.
- Shares owned after the transaction: not specified in the provided filing details.
- Filing: Form 4 filed 2026-03-03 reporting the 2026-03-02 transaction (appears timely).
Context
- This was a tax-withholding sale tied to RSU settlement (common practice) rather than a voluntary discretionary sale; such transactions are generally considered routine and do not necessarily signal insider sentiment about the company's prospects.
Insider Transaction Report
Form 4
HIRSCHHORN MARK
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
[F1]2026-03-02$5.24/sh−10,796$56,571→ 203,586 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 Mark Hirschhorn|2026-03-03