American Well (AMWL) CFO Mark Hirschhorn Sells 10,751 Shares

What Happened
Mark Hirschhorn, Chief Financial Officer of American Well Corp (AMWL), reported the sale of 10,751 shares on September 1, 2026. The shares were sold at $11.80 each for a total proceeds of $126,862. This filing reports a disposition (sale), which in this case was executed as a sell-to-cover to satisfy tax obligations from vested restricted stock units.

Key Details

• Transaction date and price: 2026-09-01 — 10,751 shares sold at $11.80 per share (total $126,862).
• Transaction type/code: Open market/private sale (S); sale effected as a sell-to-cover (tax withholding).
• Footnote: The sale was automatic to pay the tax liability from RSU vesting and was not a discretionary trade by the reporting person.
• Shares owned after transaction: Not provided in the information supplied.
• Filing date/timeliness: Form 4 filed 2026-09-03; based on the provided dates this appears to be a timely filing.

Context
This was a routine sell-to-cover tied to RSU settlement (tax withholding) rather than an open-market, discretionary divestiture. Such transactions are common when restricted stock units vest and do not, by themselves, indicate a change in an insider’s view of the company.