Amwell Announces Executive Compensation and Director Changes
Ticker: AMWL · Form: 8-K · Filed: Jun 17, 2024 · CIK: 1393584
Sentiment: neutral
Topics: executive-compensation, board-changes, governance
Related Tickers: AMWL
TL;DR
Amwell's 8-K reveals new exec pay plans and director appointments, effective June 13, 2024.
AI Summary
American Well Corporation (Amwell) announced on June 13, 2024, a change in its executive compensation structure. The company filed an 8-K report detailing the election of new directors and the appointment of certain officers, alongside updates to their compensatory arrangements. This filing also includes financial statements and exhibits.
Why It Matters
Changes in executive compensation and board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive compensation and board structure can indicate internal shifts that may affect future company performance and investor relations.
Key Numbers
- 001-39515 — SEC File Number (Identifies the company's filing history with the SEC.)
- 20-5009396 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- American Well Corporation (company) — Registrant
- June 13, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Boston, Massachusetts (location) — Principal Executive Offices
FAQ
What specific changes were made to the compensatory arrangements of certain officers?
The filing indicates updates to compensatory arrangements for certain officers, but the specific details of these changes are not elaborated upon in the provided text, likely detailed within the referenced exhibits.
Who are the newly elected directors?
The filing mentions the election of directors as an item of report, but the names of the newly elected directors are not specified in this excerpt.
What is the significance of the 'Departure of Directors or Certain Officers' item?
This item signifies that there have been departures of directors or key officers, which is a material event requiring disclosure.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on June 13, 2024.
What is American Well Corporation's principal executive office address?
American Well Corporation's principal executive office is located at 75 State Street, 26th Floor, Boston, Massachusetts, 02109.
Filing Stats: 670 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-06-17 17:01:33
Key Financial Figures
- $0.01 — hich registered Class A Common Stock, $0.01 Par Value AMWL New York Stock Excha
Filing Documents
- amwl-20240613.htm (8-K) — 41KB
- amwl-ex99_1.htm (EX-99.1) — 18KB
- img267946692_0.jpg (GRAPHIC) — 181KB
- 0000950170-24-074353.txt ( ) — 423KB
- amwl-20240613.xsd (EX-101.SCH) — 24KB
- amwl-20240613_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibit is being filed herewith: 99.1 Press Release, dated June 17, 2024, issued by American Well Corporation . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN WELL CORPORATION Date: June 17, 2024 By: /s/ Bradford Gay Bradford Gay Senior Vice President, General Counsel