Amalgamated holder plans $9.6M stock sale

A 10% shareholder of Amalgamated Financial Corp. filed to sell up to 200,000 AMAL common shares under Rule 144, valued at about $9.6 million.

Rhea-AI Filing Summary

Amalgamated Financial Corp. (AMAL) has a notice of proposed sale under Rule 144 filed on behalf of Rochester Regional Joint Board, Workers United, identified as a 10% shareholder. The notice covers up to 200,000 shares of common stock, par value $0.01 per share, to be sold through Keefe, Bruyette & Woods, Inc. The filing lists an aggregate market value of $9,628,000 for these shares and reports 29,900,147 shares outstanding of this class on NASDAQ.

The shares to be sold were acquired from the issuer in connection with a reorganization dated August 19, 2018, with consideration described as cash on August 9, 2018. The selling holder notes that various Workers United regional entities may be deemed a “group” for Securities Exchange Act purposes and each disclaims beneficial ownership of securities not directly owned by it.

Key Figures

Shares proposed to be sold: 200,000 shares Aggregate market value of shares to be sold: $9,628,000 Shares outstanding: 29,900,147 shares +3 more

6 metrics

Shares proposed to be sold 200,000 shares Common stock to be sold for Rochester Regional Joint Board, Workers United under Rule 144

Aggregate market value of shares to be sold $9,628,000 Value of 200,000 AMAL common shares covered by the Form 144 notice

Shares outstanding 29,900,147 shares Outstanding common shares of this class in connection with the Rule 144 notice

Acquisition date of shares August 19, 2018 Date of reorganization when the 200,000 shares were acquired from the issuer

Date of consideration August 9, 2018 Cash consideration date referenced for the acquisition of the 200,000 shares

Planned sale date September 3, 2026 Date associated with the proposed sale of 200,000 AMAL shares on NASDAQ

Key Terms

Rule 144, 10% Shareholder, beneficial ownership, group, +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.

10% Shareholder financial

"Name of Person for Whose Account the Securities are To Be Sold ... 10% Shareholder"

beneficial ownership financial

"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 Exchange Act"

Reorganization financial

"Common Stock, par value $0.01 per share | 08/19/2018 | Reorganization | Issuer"

FAQ

What does the Form 144 filing disclose for Amalgamated Financial Corp. (AMAL)?

It discloses that Rochester Regional Joint Board, Workers United, a 10% shareholder, plans a potential Rule 144 sale of up to 200,000 shares of AMAL common stock through Keefe, Bruyette & Woods, Inc., with an aggregate market value of $9,628,000.

How many Amalgamated Financial Corp. (AMAL) shares are proposed to be sold?

The notice covers up to 200,000 shares of Amalgamated Financial Corp. common stock, par value $0.01 per share, to be sold for the account of Rochester Regional Joint Board, Workers United, under Rule 144.

What is the reported market value of the AMAL shares in this Form 144?

The filing reports an aggregate market value of $9,628,000 for the 200,000 shares of Amalgamated Financial Corp. common stock covered by the proposed Rule 144 sale.

How many Amalgamated Financial Corp. (AMAL) shares are outstanding according to the notice?

The notice lists 29,900,147 shares of Amalgamated Financial Corp. common stock outstanding for this class, in connection with the proposed sale of 200,000 shares under Rule 144.

How and when were the AMAL shares to be sold originally acquired?

The 200,000 shares of Amalgamated Financial Corp. common stock were acquired from the issuer in a reorganization dated August 19, 2018, with consideration described in the notice as cash on August 9, 2018.

Who is executing the proposed sale of AMAL shares and on what market?

The proposed sale of 200,000 AMAL shares is to be executed through Keefe, Bruyette & Woods, Inc., with the securities listed as trading on NASDAQ.

What disclaimers about group status and beneficial ownership are included in the filing?

The filing states that various Workers United regional entities may be deemed a “group” under the Exchange Act, and each disclaims beneficial ownership of any securities deemed owned by the group that are not directly owned by that person.

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Available on EDGAR 09/03/2026 - 09:15 PM Accepted by SEC EDGAR 09/03/2026 - 09:15 PM Learn about SEC filing dates

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	0002009104
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	Rochester Regional Joint Board, 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	200000	9628000.00	29900147	09/03/2026	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			200000	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

Nothing to Report

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	09/03/2026
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	Rochester Regional Joint Board, 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)