HIRSCHHORN MARK 4

What Happened

• Mark Hirschhorn, Chief Financial Officer of American Well Corp (AMWL), sold 10,761 shares on June 1, 2026 at $9.74 per share for a total of approximately $104,812. This was a sale (S) and not a purchase — such sales are often routine.

Key Details

• Transaction date and price: June 1, 2026 — 10,761 shares at $9.74 each (total ≈ $104,812).
• Shares owned after transaction: Not reported in the provided filing.
• Method/footnote: The sale was an automatic "sell-to-cover" to pay taxes on RSUs that vested and settled on June 1, 2026 (per footnote F1). The filing states this was not a discretionary trade by the reporting person.
• Filing timeliness: Form 4 filed June 3, 2026 — appears timely (within the standard reporting window).

Context

• This was a sell-to-cover tied to RSU tax withholding, not a voluntary open-market divestiture; such transactions are common when restricted stock units vest and generally do not by themselves signal a change in insider sentiment.