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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.
10% Shareholder regulatory
"10% Shareholder"
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.

How many Amalgamated Financial Corp. (AMAL) shares are covered by this Rule 144 notice?

The notice covers 80,000 shares of Amalgamated Financial Corp. common stock, par value $0.01 per share, to be sold for the account of Chicago & Midwest Regional Joint Board, Workers United.

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

The filing reports an aggregate market value of $3,933,600 for the 80,000 shares of Amalgamated Financial Corp. common stock covered by the planned Rule 144 sale.

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.

How and when were the AMAL shares being sold under Rule 144 originally acquired?

The 80,000 shares were acquired from the issuer in a reorganization dated August 19, 2018, with the form stating that the nature of payment was cash.

How many Amalgamated Financial Corp. shares are listed as outstanding in the Form 144?

The securities information section lists approximately 29,900,147 shares of Amalgamated Financial Corp. common stock outstanding, providing context for the size of the 80,000-share planned sale.

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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