Workers United plans $6.5M Amalgamated share sale
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) received a Rule 144 notice from 10% shareholder Workers United regarding a planned resale of common stock. Workers United intends to sell up to 132,779 shares of Amalgamated Financial Corp. common stock, par value $0.01 per share, through broker Keefe, Bruyette & Woods, Inc.
The notice lists an aggregate market value of approximately $6,465,010.00 for the shares to be sold and states that Amalgamated Financial Corp. had 29,900,147 shares outstanding. The approximate date of sale is given as August 31, 2026, with sales expected to occur on NASDAQ pursuant to Rule 144.
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Key Figures
Shares to be sold: 132,779 shares of common stock
Aggregate market value: $6,465,010.00
Shares outstanding: 29,900,147 shares
+3 more
6 metrics
Shares to be sold
132,779 shares of common stock
Maximum number of Amalgamated Financial Corp. shares to be sold under Rule 144
Aggregate market value
$6,465,010.00
Aggregate market value of the 132,779 shares to be sold
Shares outstanding
29,900,147 shares
Amalgamated Financial Corp. shares outstanding as referenced in the notice
Approximate date of sale
08/31/2026
Approximate date when the Rule 144 sales may occur
Security type
Common Stock, par value $0.01 per share
Class of Amalgamated Financial Corp. securities covered by the notice
Acquisition date
08/19/2018
Date the securities were acquired in a Reorganization from the issuer
Key Terms
Rule 144, 10% Shareholder, aggregate market value, beneficial ownership, +1 more
5 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.
aggregate market value financial
"Common Stock... | 132779 | 6465010.00 | 29900147 | 08/31/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
beneficial ownership regulatory
"Each such person disclaims beneficial ownership of any securities deemed to be owned"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
group regulatory
"may be deemed to be a member of a "group" for purposes of the Securities"
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.