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.
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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Key Figures
Key Terms
Rule 144 regulatory
aggregate market value financial
beneficial ownership regulatory
group regulatory
FAQ
What does the Form 144 filing mean for Amalgamated Financial Corp. (AMAL)?
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