Amalgamated Financial holder plans $1.75M sale
A 10% shareholder of Amalgamated Financial Corp. has filed to sell 36,000 AMAL shares under Rule 144 in a secondary market transaction.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) has a proposed secondary sale by a large shareholder. Pennsylvania Joint Board, Workers United, identified as a 10% shareholder, has filed a notice to sell 36,000 shares of common stock of Amalgamated Financial Corp. under Rule 144 through Keefe, Bruyette & Woods on NASDAQ, with an indicated aggregate market value of $1,749,440. The shares were originally acquired from the issuer in August 2018 in connection with a reorganization. Various related Workers United regional entities are noted and each disclaims beneficial ownership of securities not directly owned by it.
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Key Figures
Key Terms
Rule 144 regulatory
beneficial ownership financial
group regulatory
FAQ
What does the Form 144 filing mean for Amalgamated Financial Corp. (AMAL)?
Who is the selling security holder in this Amalgamated Financial Corp. Form 144?
What does the group and beneficial ownership disclaimer mean in the AMAL Form 144?
AI-generated analysis. How Rhea-AI works. Not financial advice.