Robert Shepardson - Feb 23, 2024 Form 4 Insider Report for American Well Corp (AMWL)

Role
Chief Financial Officer
Signature
/s/ Bradford Gay, as attorney-in-fact for Robert Shepardson
Stock symbol
AMWL
Transactions as of
Feb 23, 2024
Transactions value $
-$348,486
Form type
4
Date filed
2/23/2024, 05:04 PM
Previous filing
Feb 22, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale -$348K -319K -10.09% $1.09 2.85M Feb 23, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 February 22, 2024. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.