Form 4: American Well Corp Executive Paul McNeice Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Paul Francis McNeice, Chief Accounting Officer of American Well Corp, sold shares of Class A Common Stock to cover tax liabilities arising from the vesting and settlement of restricted stock units.
Summary
- On November 1, 2024, Paul Francis McNeice, the Chief Accounting Officer of American Well Corp, sold 9 shares of Class A Common Stock.
- The sale was executed at a price of $8.9302 per share.
- The transaction was conducted to cover the tax liability resulting from the vesting and settlement of restricted stock units.
- Following the transaction, McNeice directly owns 9,414 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of the transaction: sale of shares and vesting of restricted stock units. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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