Gotlib Phyllis 4
4 · American Well Corp · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
American Well (AMWL) President International Phyllis Gotlib Sells 3,573 Shares
What Happened
Phyllis Gotlib, President, International at American Well Corp (AMWL), sold 3,573 shares on June 1, 2026 at $9.74 per share, realizing $34,801. The Form 4 reports this as a disposition (sale) tied to the vesting and settlement of restricted stock units.
Key Details
- Transaction date & price: 2026-06-01 at $9.74 per share; total proceeds $34,801.
- Transaction type/code: Sale (S) — open market/private sale reported as a "sell to cover."
- Shares owned after transaction: Not specified on this Form 4.
- Footnote: The sale was an automatic "sell to cover" to pay tax withholding on RSU vesting and was not a discretionary trade (Footnote F1).
- Filing: Form filed 2026-06-03 for a 2026-06-01 transaction — appears timely.
Context
A "sell to cover" is a routine transaction where shares are sold to satisfy tax liabilities from equity awards (RSUs). Such tax-withholding sales are common and generally do not, by themselves, signal the insider's view of the company's prospects. Purchases or voluntary sales can be more informative about insider sentiment.
Insider Transaction Report
Form 4
Gotlib Phyllis
President, International
Transactions
- Sale
Class A Common Stock
[F1]2026-06-01$9.74/sh−3,573$34,801→ 159,431 total
Holdings
- 114,920(indirect: By Spouse)
Class A Common Stock
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 June 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|2026-06-03