---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-068084"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2022-03-07T23:59:59+00:00"
generated_at: "2026-06-27T01:05:43.202644+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Well grants $2.1M PSUs each to three named execs under new market-cap-based LTI program

## Summary
- Named execs (Gotlib, Knight, Shepardson) each granted $2.1M in PSUs tied to market cap milestones; vesting 2022-2025.
- 70% of annual LTI for named officers (excl. Schoenbergs) shifted to PSUs; remaining 30% stays as time-vesting RSUs.
- PSUs can earn 0-300% based on sustained 30-day average market cap growth vs. grant date; forfeited if unearned by Feb 2025.
- Co-CEOs Ido & Roy Schoenberg may receive PSU grants later in 2022; no further details disclosed yet.
- Plan effective March 1, 2022; designed to align exec compensation with long-term shareholder value creation.

## SEC filing metadata
- accession: 0001193125-22-068084
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2022-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393584/000119312522068084/0001193125-22-068084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000119312522068084/d429951d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-068084
- JSON: https://secwatch.observer/filing/0001193125-22-068084.json
- Plain text: https://secwatch.observer/filing/0001193125-22-068084.txt

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