Form 4: American Well Corp Director Rivka Goldwasser Reports Acquisition of 855,981 Shares

Director Rivka Goldwasser reports acquiring 855,981 shares of American Well Corp Class A Common Stock through a grant of restricted stock units.

Summary

• Rivka Goldwasser, a director of American Well Corp (AMWL), filed a Form 4 with the SEC.
• The filing reports a transaction on June 13, 2024, where Ms. Goldwasser acquired 855,981 shares of Class A Common Stock.
• These shares were acquired through a grant of restricted stock units (RSUs) at a price of $0.00.
• The RSUs vest over a three-year period, with equal installments vesting annually on the anniversary of the grant date.
• Following the transaction, Ms. Goldwasser beneficially owns 855,981 shares directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing a stock transaction. The acquisition of shares by a director is generally viewed positively, but the document itself is simply a factual report.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units vest over a three-year period, with equal installments vesting on each of the first, second, and third anniversaries of the grant date.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in the beneficial ownership of American Well Corp's stock by one of its directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates