Amalgamated 10% holder plans 80K-share, $3.9M sale
A 10% shareholder of Amalgamated Financial Corp. has filed to sell 80,000 AMAL shares under Rule 144, valued at about $3.9 million.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) received a Rule 144 notice that Chicago & Midwest Regional Joint Board, Workers United, identified as a 10% shareholder, intends to sell 80,000 shares of common stock through Keefe, Bruyette & Woods, Inc. The shares have an aggregate market value of $3,933,600 based on the filing. The filing lists approximately 29,900,147 shares of common stock outstanding and states the shares were acquired in a reorganization on August 19, 2018 for cash.
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Key Figures
Shares to be sold: 80,000 shares
Aggregate market value: $3,933,600
Approximate shares outstanding: 29,900,147 shares
+2 more
5 metrics
Shares to be sold
80,000 shares
Common stock to be sold under Rule 144 for Chicago & Midwest Regional Joint Board
Aggregate market value
$3,933,600
Market value of 80,000 AMAL shares covered by the notice
Approximate shares outstanding
29,900,147 shares
Common stock outstanding as listed in the securities information section
Planned sale date
September 8, 2026
Date associated with the proposed sale in the securities information section
Acquisition date of shares
August 19, 2018
Date the 80,000 shares were acquired in a reorganization
Key Terms
Rule 144, 10% Shareholder, beneficial ownership, reorganization
4 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.
beneficial ownership regulatory
"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.
reorganization financial
"08/19/2018 | Reorganization | Issuer"
FAQ
What does the Form 144 filing disclose for Amalgamated Financial Corp. (AMAL)?
It discloses that Chicago & Midwest Regional Joint Board, Workers United, a 10% shareholder, has given notice of intent to sell 80,000 shares of AMAL common stock under Rule 144 through broker Keefe, Bruyette & Woods, Inc.
Who is the selling security holder in this Amalgamated Financial Corp. (AMAL) Form 144?
The selling holder is Chicago & Midwest Regional Joint Board, Workers United, identified as a 10% shareholder. The notice is signed by Casey Martin as Manager on behalf of this entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.