secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0000950170-24-114765
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amwell CFO Robert Shepardson resigns; Mark Hirschhorn appointed CFO effective Oct 21
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- Shepardson resigns effective Oct 18, 2024; no disagreement with company operations.
- Hirschhorn, former CEO of TapestryHealth and Teladoc CFO/COO, becomes CFO Oct 21.
- Hirschhorn receives base salary $485,000, target bonus 100%, and $500,000 signing bonus.
- RSU grant of $2.5M (25% vests at grant, 75% over 3 years) plus additional LTI up to $5M.
- Hirschhorn to oversee financial operations and capital allocation; company cites path to profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024114765/0000950170-24-114765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024114765/amwl-20241011.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-114765

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer