Cosgrove Delos M. 4
Research Summary
AI-generated summary
American Well (AMWL) Director Delos Cosgrove Receives RSU Award
What Happened
Delos M. Cosgrove, a director of American Well Corp (AMWL), was granted 14,501 restricted stock units (RSUs) on 2026-06-16. The grant is reported at $0.00 per share (transaction code A — award/acquisition), so no cash changed hands. RSUs represent a future right to receive shares if and when the awards vest; this is an award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-16; Filing date: 2026-06-18 (timely within required reporting window).
- Security: 14,501 restricted stock units (RSU grant) at $0.00 per unit; total reported value $0.
- Shares owned after transaction: Not disclosed in the Form 4 provided.
- Footnote: Vesting occurs on the earlier of (i) the day before the first annual meeting of stockholders after the grant and (ii) the first anniversary of the grant date. (See footnote F1.)
- Transaction code: A (award/grant/acquisition).
Context
This is a standard time-based equity grant to a director, common as part of compensation and retention programs. Grants reported at $0 typically reflect awards that convert to stock upon vesting rather than a purchase; they do not necessarily indicate a near-term buy or sell of underlying shares.