Schoenberg Ido 4

What Happened
Ido Schoenberg, American Well’s (AMWL) chairman and co-CEO, purchased 670 shares on May 7, 2026 at $7.37 per share, for a total cost of approximately $4,938. The transaction is reported as a purchase (transaction code P) executed in the open market.

Key Details

• Transaction date: May 7, 2026; Price: $7.37 per share; Shares: 670; Total value: ~$4,938.
• Transaction type: Open-market purchase (Form 4 code P).
• Filing date: May 11, 2026 — filed within the required two-business-day window.
• Shares owned after transaction: Not specified in the provided filing summary.
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the data you supplied.

Context
Insider purchases can be viewed as a positive signal, but this was a relatively small-dollar buy (~$4.9k) and on its own may not indicate a material change in insider conviction. This was a straightforward open-market purchase by an executive (chairman & co-CEO), not an option exercise, gift, or large institutional transaction.