Amalgamated holder plans sale of 50,000 shares
A 10% shareholder has filed a Rule 144 notice to sell 50,000 AMAL common shares with an indicated market value of about $2.46 million.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) has a notice of proposed sale of common stock filed on behalf of Philadelphia Joint Board, Workers United, identified as a 10% shareholder. The filing covers the planned sale of 50,000 shares of common stock, par value $0.01 per share, through Keefe, Bruyette & Woods, Inc. on the NASDAQ market. The shares were originally acquired from the issuer in a reorganization completed on August 19, 2018, for cash. An aggregate market value of $2,458,500 is reported for the proposed sale, with 29,900,147 shares of common stock stated in the securities information section.
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Key Figures
Key Terms
Rule 144 regulatory
beneficial ownership financial
group regulatory
FAQ
What does the Form 144 filing for AMAL disclose about the planned stock sale?
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