Workers United plans $4M AMAL share sale

10% shareholder Workers United filed a Rule 144 notice to sell up to 82,412 AMAL shares with about $4.0 million in aggregate market value.

Available on EDGAR 09/11/2026 - 04:42 PM EDT Accepted by SEC EDGAR 09/11/2026 - 04:42 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Amalgamated Financial Corp. (AMAL) has a significant shareholder, Workers United, filing a notice of proposed sale under Rule 144. Workers United, identified as a 10% shareholder, plans to sell up to 82,412 shares of common stock through Keefe, Bruyette & Woods, Inc. on NASDAQ around September 11, 2026, with an aggregate market value of $3,998,630.24. Shares outstanding were 29,900,147 common shares at the time of the notice. The filing also lists recent sales by Workers United, including 73,535 shares on August 31, 2026 and 15,000 shares on September 1, 2026. The unions referenced in the remarks state that they may be deemed a “group” but each disclaims beneficial ownership of securities not directly owned.

Key Figures

Shares to be sold under Rule 144: 82,412 shares Aggregate market value of proposed sale: $3,998,630.24 Shares outstanding: 29,900,147 shares +3 more

6 metrics

Shares to be sold under Rule 144 82,412 shares Maximum number of Amalgamated Financial Corp. common shares Workers United plans to sell

Aggregate market value of proposed sale $3,998,630.24 Total market value of the 82,412 AMAL shares covered by the notice

Shares outstanding 29,900,147 shares Amalgamated Financial Corp. common stock outstanding at the time of the notice

Recent sale on August 31, 2026 73,535 shares for $3,538,460.08 AMAL shares sold by Workers United during the past three months

Recent sale on September 1, 2026 15,000 shares for $709,264.50 AMAL shares sold by Workers United during the past three months

Date of Notice September 11, 2026 Filing date of the Form 144 notice by Workers United

Key Terms

Rule 144, aggregate market value, beneficial ownership, group

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.

aggregate market value financial

"82412 | 3998630.24 | 29900147 | 09/11/2026 | NASDAQ"

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Workers United’s Form 144 filing mean for Amalgamated Financial Corp. (AMAL)?

Workers United, a 10% shareholder of Amalgamated Financial Corp., filed a Rule 144 notice to sell up to 82,412 shares of AMAL common stock on NASDAQ. This discloses a potential secondary market sale by an existing holder, not a new share issuance by the company.

How many AMAL shares is Workers United proposing to sell under this Form 144?

Workers United proposes to sell up to 82,412 shares of Amalgamated Financial Corp. common stock. The notice lists an aggregate market value of $3,998,630.24 for these shares, with sales expected to be executed through Keefe, Bruyette & Woods, Inc. on NASDAQ.

How many Amalgamated Financial Corp. (AMAL) shares are outstanding according to this filing?

The notice states that 29,900,147 shares of Amalgamated Financial Corp. common stock were outstanding. This figure provides context for the relative size of the proposed 82,412-share sale by Workers United.

What AMAL share sales by Workers United took place in the past three months?

The filing lists several prior sales by Workers United, including 73,535 shares of AMAL common stock on August 31, 2026 for $3,538,460.08 and 15,000 shares on September 1, 2026 for $709,264.50.

When did Workers United originally acquire the AMAL shares referenced in this Form 144?

The shares to be sold are reported as acquired on August 19, 2018 in a Reorganization, with the issuer listed as the source and cash noted in the consideration section dated August 9, 2018.

What does the “group” language in the remarks mean for AMAL’s shareholders?

The remarks state that various Workers United regional entities may be deemed a “group” under the Securities Exchange Act of 1934, but each disclaims beneficial ownership of any securities not directly owned. The notice specifies this is not an admission of group status or additional beneficial ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002008869
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Amalgamated Financial Corp.
SEC File Number	001-40136
Address of Issuer	275 Seventh Ave. New York NEW YORK 10001
Phone	212-255-6200
Name of Person for Whose Account the Securities are To Be Sold	Workers United
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Shareholder

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, par value $0.01 per share	Keefe, Bruyette & Woods, Inc 787 7th Avenue, 4th Floor New York NY 10019	82412	3998630.24	29900147	09/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, par value $0.01 per share	08/19/2018	Reorganization	Issuer			82412	08/09/2018	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Workers United 22 South 22nd St. Philadelphia PA 19103	Common Stock, par value $0.01 per share	08/31/2026	73535	3538460.08
Workers United 22 South 22nd St. Philadelphia PA 19103	Common Stock, par value $0.01 per share	09/01/2026	15000	709264.50
Workers United 22 South 22nd St. Philadelphia PA 19103	Common Stock, par value $0.01 per share	09/02/2026	44244	2132078.54

144: Remarks and Signature

Remarks	Each of Workers United, Chicago & Midwest, Laundry, Distribution & Food Service, Local 50, Mid-Atlantic Regional, New York-New Jersey Regional, Pennsylvania Joint Board, Philadelphia Joint Board, Rochester Regional Fund, Rochester Workers United, Western States, Workers United Canada, Southern Regional, Southwest and NY Metropolitan may be deemed to be a member of a "group" for purposes of the Securities Exchange Act of 1934. Each such person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by such person. This report shall not be deemed an admission that any of the foregoing person is a member of a group or the beneficial owner of any securities not directly owned by the such person.
Date of Notice	09/11/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Workers United, By: /s/ Lynne Fox, by Power of Attorney
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)