---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-119621"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:21:34.527262+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# American Well adopts inducement plan, grants $2.5M RSU and $5M LTIP to new CFO Hirschhorn

## Summary
- 2024 Inducement Plan adopted effective Nov 4, 2024; 1,222,960 shares reserved for inducement awards.
- New CFO Mark Hirschhorn receives RSU award with grant date value $2.5M; 25% vests on grant date, rest over 3 years.
- Additional $5M long-term incentive award (LTIP) subject to EBITDA and valuation targets, vesting over 4 years.
- Awards vest on termination without cause/good reason (1 yr) and fully upon change in control within 24 months.

## SEC filing metadata
- accession: 0000950170-24-119621
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393584/000095017024119621/0000950170-24-119621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000095017024119621/amwl-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-119621
- JSON: https://secwatch.observer/filing/0000950170-24-119621.json
- Plain text: https://secwatch.observer/filing/0000950170-24-119621.txt

## Key facts
- Executive change
  Mark Hirschhorn was appointed as Chief Financial Officer at American Well Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective November 4, 2024, the Company will grant awards to its new Chief Financial Officer, Mark Hirschhorn, under the Inducement Plan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393584/000095017024119621/0000950170-24-119621-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.