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Amalgamated 10% holder plans 250K-share sale

A 10% shareholder of Amalgamated Financial Corp. has filed to sell 250,000 AMAL shares under Rule 144 in a secondary transaction.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Amalgamated Financial Corp. (AMAL) has a planned secondary sale by a major shareholder under Rule 144. New York–New Jersey Regional Joint Board, Workers United, which is identified as a 10% shareholder, filed to sell 250,000 shares of common stock through Keefe, Bruyette & Woods, Inc.

The shares have an indicated aggregate market value of $12,292,500 and are part of a class with 29,900,147 shares outstanding, with the sale expected on or about September 8, 2026 on NASDAQ. The seller states the shares were acquired in a reorganization from the issuer in 2018 and includes disclaimers regarding possible “group” status and beneficial ownership among related Workers United entities.

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Shares to be sold 250,000 shares Common Stock, par value $0.01 per share, planned Rule 144 sale
Aggregate market value of shares to be sold $12,292,500 250,000 AMAL shares to be sold under Rule 144
Shares outstanding 29,900,147 shares Amalgamated Financial Corp. common stock outstanding as referenced in the notice
Approximate date of sale September 8, 2026 Planned sale date for the 250,000 shares on NASDAQ
Acquisition date of shares August 19, 2018 Date shares were acquired in a reorganization from the issuer
Shareholder status 10% shareholder Status of New York–New Jersey Regional Joint Board, Workers United
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
"250000 | 12292500.00 | 29900147 | 09/08/2026"
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
"disclaims beneficial ownership of any securities deemed to be owned by the group"
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"

FAQ

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

The filing reports that a 10% shareholder, New York–New Jersey Regional Joint Board, Workers United, intends to sell 250,000 AMAL shares under Rule 144. This is a secondary sale by an existing holder and does not describe new shares being issued by Amalgamated Financial Corp.

How many AMAL shares are planned to be sold under this Form 144?

The notice states that 250,000 shares of Amalgamated Financial Corp. common stock are proposed to be sold. These shares are to be sold through Keefe, Bruyette & Woods, Inc. on NASDAQ, with an approximate sale date of September 8, 2026.

What is the aggregate market value of the AMAL shares to be sold?

The filing lists an aggregate market value of $12,292,500 for the 250,000 AMAL shares to be sold. This amount reflects the filer’s calculation for the planned Rule 144 sale at the time of the notice.

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

The Form 144 reports that there are 29,900,147 shares of Amalgamated Financial Corp. common stock outstanding. This figure provides context for the relative size of the 250,000-share planned sale.

Who is the selling security holder in this AMAL Form 144 filing?

The selling security holder is New York–New Jersey Regional Joint Board, Workers United, identified as a 10% shareholder. The filing also notes that various Workers United affiliates may be deemed part of a “group,” and each disclaims beneficial ownership of securities not directly owned by it.

How and when were the AMAL shares being sold originally acquired?

The filing states the 250,000 shares of Amalgamated Financial Corp. common stock were acquired on August 19, 2018 in a reorganization from the issuer, with the form listing cash in the acquisition details.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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