Amwell Announces New RSU Inducement Plan for New Employees with Gradual Vesting Schedule

Reuters
08/09
Amwell Announces New RSU Inducement Plan for New Employees with Gradual Vesting Schedule

BOSTON, Aug. 08, 2025 - American Well Corporation, known as Amwell (NYSE: AMWL), a prominent technology-enabled care platform provider, recently announced the issuance of new restricted stock units (RSUs) to two newly hired employees. The grants, covering a total of 76,198 shares of Class A common stock, are part of Amwell's Inducement Plan and were approved by the Compensation Committee of the Board of Directors. These RSUs are structured to vest over a four-year period, with 25% vesting on the first anniversary of the grant date and the remaining 75% vesting in equal quarterly increments thereafter. This initiative was undertaken as a material inducement to secure the employment of the new hires, aligning with the NYSE's employment inducement exemption guidelines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Well Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9509065-en) on August 08, 2025, and is solely responsible for the information contained therein.

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