Amalgamated officer proposes $1.5M stock sale
Amalgamated Financial Corp. (AMAL) is the issuer in a notice that officer Sam D. Brown, through Raymond James & Associates, may sell shares of the company’s common stock under Rule 144.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) is the issuer in a notice that officer Sam D. Brown, through Raymond James & Associates, may sell shares of the company’s common stock under Rule 144. The notice lists a proposed sale of 30,898 shares of AMAL common stock on or after September 8, 2026.
These shares come from multiple awards and purchases, including restricted stock units (RSUs) and Employee Stock Purchase Plan (ESPP) acquisitions between 2022 and 2026. The filing also notes that additional lots are expected to be provided separately by email.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 30,898 shares
Aggregate market value: $1,498,553.00
Shares outstanding: 29,900,000 shares
+3 more
6 metrics
Shares to be sold
30,898 shares
Common stock proposed for sale under Rule 144 through Raymond James & Associates
Aggregate market value
$1,498,553.00
Reported value for the 30,898 AMAL shares covered by the Form 144 notice
Shares outstanding
29,900,000 shares
AMAL common stock outstanding cited in the securities information section
Largest single RSU lot listed
3,563 shares
RSU-based common shares with date of acquisition August 24, 2025
Notice date
September 8, 2026
Date of notice associated with the planned Rule 144 sale
Planned sale start date
September 8, 2026
Proposed date of sale for the 30,898 AMAL shares
Key Terms
Rule 144, restricted stock units, Employee Stock Purchase Plan, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"Common | 09/01/2026 | RSU | iSSUER | | | 2424"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Common | 12/30/2022 | ESPP | Issuer | | | 210"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
attorney-in-fact regulatory
"as attorney-in-fact for Sam D Brown"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Amalgamated Financial Corp. (AMAL)?
The filing discloses that officer Sam D. Brown, using Raymond James & Associates, may sell 30,898 shares of Amalgamated Financial Corp. common stock under Rule 144, with a proposed sale date of September 8, 2026 on the Nasdaq market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
