Zamansky Dmitry 4
4 · American Well Corp · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
American Well (AMWL) Chief Product & Tech. Officer Dmitry Zamansky Sells Shares
What Happened
Dmitry Zamansky, Chief Product & Technology Officer at American Well (AMWL), sold 5,575 shares on April 1, 2026 at $5.30 per share, resulting in proceeds of $29,548. The sale was reported on a Form 4 filed April 2, 2026. This was a sale (not a purchase) and was executed to satisfy tax withholding related to the vesting/settlement of restricted stock units.
Key Details
- Transaction date and price: 2026-04-01, 5,575 shares @ $5.30 each.
- Total proceeds: $29,548.
- Transaction type: Sale (code S).
- Footnote: Sale was an automatic "sell to cover" to pay tax liability from RSU vesting; it was not a discretionary trade (see footnote F1).
- Filing date: 2026-04-02 (appears timely relative to the transaction).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
"Sell to cover" transactions are common when restricted stock units vest and shares are sold automatically to cover withholding taxes; they typically reflect tax-related mechanics rather than a manager's active decision to reduce exposure. This single, modest sale does not by itself indicate management sentiment about the company's outlook.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-04-01$5.30/sh−5,575$29,548→ 241,080 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 April 1, 2026. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.