Amalgamated officer plans 5,992-share sale
Officer Edgar Romney Jr filed a Rule 144 notice to potentially sell 5,992 AMAL common shares derived from prior RSU awards.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) received a Rule 144 notice covering a proposed sale of restricted common stock held for the account of officer Edgar Romney Jr. The filing contemplates the sale of 5,992 shares of common stock through broker Raymond James & Associates on or after September 10, 2026 on Nasdaq.
The securities relate to multiple restricted stock unit (RSU) awards originally issued by Amalgamated Financial Corp. between November 2024 and April 2026. The notice states that Amalgamated Financial Corp. had 29,900,000 shares of common stock outstanding for Rule 144 calculations.
Positive
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Key Figures
Shares proposed to be sold: 5,992 shares
Aggregate market value of shares: $284,380.32
Shares outstanding: 29,900,000 shares
+2 more
5 metrics
Shares proposed to be sold
5,992 shares
Common stock to be sold for the account of Edgar Romney Jr under Rule 144
Aggregate market value of shares
$284,380.32
Market value associated with the 5,992 shares proposed for sale
Shares outstanding
29,900,000 shares
Amalgamated Financial Corp. common stock outstanding used for Rule 144 calculations
Proposed sale date
September 10, 2026
Date of sale referenced for the 5,992-share Rule 144 transaction
Largest individual RSU-related share line
2,346 shares
Common stock tied to an RSU dated February 19, 2026 in the securities-to-be-sold table
Key Terms
Rule 144, restricted stock unit (RSU), attorney-in-fact
3 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.
restricted stock unit (RSU) financial
"COMMON | 02/15/2025 | RSU | ISSUER |"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
attorney-in-fact regulatory
"as attorney-in-fact for Edgar Romney"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Amalgamated Financial Corp. (AMAL)?
It discloses a Rule 144 notice for a proposed sale of 5,992 shares of Amalgamated Financial Corp. common stock held for the account of officer Edgar Romney Jr, with sales to be executed through Raymond James & Associates on Nasdaq.
Who is the security holder in the AMAL Form 144 and what is their role?
The securities are held for the account of Edgar Romney Jr, identified as an officer of Amalgamated Financial Corp. The signature is provided by Melissa Fisher as an authorized representative of Raymond James & Associates, acting as attorney-in-fact for Edgar Romney.
AI-generated analysis. How Rhea-AI works. Not financial advice.
