---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-105707"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2022-04-14T23:59:59+00:00"
generated_at: "2026-06-26T07:20:03.390874+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# American Well enters new employment agreement with President of International, Phyllis Gotlib

## Summary
- Annual salary of $485,000, with 10% designated as special compensation for non-compete/confidentiality.
- Target annual cash bonus of 100% of base salary; eligible for equity grants under 2020 plan.
- Severance: 1x base salary paid over 12 months upon qualifying termination; equity acceleration near change in control.
- Non-compete and non-solicitation restrictions apply for 12 months post-termination.
- Agreement replaces prior contract dated Jan 1, 2018, effective April 8, 2022.

## SEC filing metadata
- accession: 0001193125-22-105707
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2022-04-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393584/000119312522105707/0001193125-22-105707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000119312522105707/d335491d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-105707
- JSON: https://secwatch.observer/filing/0001193125-22-105707.json
- Plain text: https://secwatch.observer/filing/0001193125-22-105707.txt

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