Phyllis Gotlib Sells AMWL Stock to Cover Tax Liability

Phyllis Gotlib, President of International at American Well Corp (AMWL), reported the sale of 3,573 shares of Class A Common Stock on June 1, 2026. The sale was executed through an automatic "sell to cover" transaction to cover a tax liability arising from the vesting and settlement of restricted stock units. The shares were sold at a price of $9.74 per share, totaling $34,793.22. Following the transaction, Gotlib owns 159,431 shares directly. Additionally, she has a separate indirect holding of 114,920 shares, which are held by her husband. The footnote indicates that this was not a discretionary trade by the reporting person. The filing is a Form 4, indicating a change in beneficial ownership.