American Well Corp: President, International Phyllis Gotlib sold 6,677 shares

What happened

• Phyllis Gotlib, President, International, sold 6,677 shares at $13.00 per share on Oct 1, 2026, for $86,801. The Form 4 reports the transaction as an open market or private sale (code S).

Key details

• Transaction date and price: Oct 1, 2026 — 6,677 shares at $13.00.
• Filing date and period of report: filed Oct 5, 2026; period of report Oct 1, 2026.
• Shares owned after the transaction: not reported in this filing.
• Footnote F1: the sales were made to pay the tax liability arising from the vesting and settlement of restricted stock units on Oct 1, 2026; the sales were effected through an automatic "sell to cover" transaction and did not represent a discretionary trade by the reporting person.
• Filing timeliness: the filing date is Oct 5, 2026; the filing does not indicate a late filing.

Why it may matter

• The Form 4 states the sale was to cover taxes from RSU vesting via an automatic "sell to cover" rather than a discretionary sale.
• A filing does not show why the insider traded or why the company acted.