SCHEDULE 13G/A 0000902664-22-004554 0001328785 XXXXXXXX LIVE 3 Class A Common Stock, par value $0.01 per share 12/31/2025 0001393584 American Well Corp 03044L204 75 STATE STREET 26TH FLOOR BOSTON MA 02109 Rule 13d-1(c) Senvest Management, LLC DE 0.00 737589.00 0.00 737589.00 737589.00 N 5.0 IA OO The information set forth on this cover page reflects information as of the close of business on the date hereof. As of December 31, 2025, the Reporting Person may have been deemed to beneficially own 362,724 shares of Class A Common Stock (as defined in Item 2(a)), representing 2.5% of the Class A Common Stock outstanding as of such time. Richard Mashaal Z4 0.00 737589.00 0.00 737589.00 737589.00 N 5.0 HC IN The information set forth on this cover page reflects information as of the close of business on the date hereof. As of December 31, 2025, the Reporting Person may have been deemed to beneficially own 362,724 shares of Class A Common Stock, representing 2.5% of the Class A Common Stock outstanding as of such time. American Well Corp 75 State Street, 26th Floor, Boston, MA 02109 This statement is filed by Senvest Management, LLC and Richard Mashaal, with respect to the Class A common stock, par value $0.01 per share ("Class A Common Stock"), of American Well Corporation, a Delaware corporation (the "Company"). The reported securities are held in the account of Senvest Master Fund, LP and Senvest Technology Partners Master Fund, LP (collectively, the "Investment Vehicles"). Senvest Management, LLC may be deemed to beneficially own the securities held by the Investment Vehicles by virtue of Senvest Management, LLC's position as investment manager of the Investment Vehicles. Mr. Mashaal may be deemed to beneficially own the securities held by the Investment Vehicles by virtue of Mr. Mashaal's status as the managing member of Senvest Management, LLC. None of the foregoing should be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein. Senvest Management, LLC 540 Madison Avenue, 32nd Floor New York, New York 10022 Richard Mashaal c/o Senvest Management, LLC 540 Madison Avenue, 32nd Floor New York, New York 10022 Senvest Management, LLC - Delaware Richard Mashaal - Canada Y The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentage set forth in this Schedule 13G as of the date hereof and as of December 31, 2025, is calculated based upon an aggregate of 14,723,951 shares of Class A Common Stock outstanding as of October 24, 2025, as reported in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission on November 4, 2025. 5.0% The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Y N The Investment Vehicles have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the shares of Class A Common Stock. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Senvest Management, LLC /s/ Bobby Trahanas 02/12/2026 Richard Mashaal /s/ Richard Mashaal 02/12/2026