Amalgamated (NASDAQ: AMAL) director sale amended to $43.72 price
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Amalgamated Financial Corp. director Maryann Bruce reported an amended insider transaction reflecting an open-market sale of common stock. The filing shows a sale of 2,089 shares on June 10, 2026 at $43.72 per share, with direct ownership of 19,942 shares remaining after the trade.
The amendment clarifies that the original filing understated the sale price, correcting it from $41.39 to $43.72 as disclosed in the footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,089 shares ($91,331)
Net Sell
1 txn
Insider
Bruce Maryann
Role
null
Sold
2,089 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,089 | $43.72 | $91K |
Holdings After Transaction:
Common Stock — 19,942 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,089 shares
Sale price per share: $43.72 per share
Shares owned after sale: 19,942 shares
+2 more
5 metrics
Shares sold
2,089 shares
Open-market sale on June 10, 2026
Sale price per share
$43.72 per share
Corrected transaction price in amendment
Shares owned after sale
19,942 shares
Director’s direct holdings following transaction
Previously reported price
$41.39 per share
Original, incorrect sale price corrected by amendment
Net shares sold
2,089 shares
Net-sell direction from transaction summary
Key Terms
open-market sale, Form 4/A, net-sell
3 terms
open-market sale financial
"transaction_action is labeled as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4/A regulatory
"The Company is filing this amendment as a Form 4/A to correct the sales price"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
net-sell financial
"transactionSummary shows a net-sell direction based on 2,089 shares sold"
FAQ
What insider transaction did Amalgamated Financial Corp. (AMAL) report?
Amalgamated Financial Corp. reported that director Maryann Bruce sold 2,089 shares of common stock in an open-market transaction. The sale occurred on June 10, 2026, and was disclosed in an amended Form 4/A insider trading report.
Why did Amalgamated Financial Corp. file an amended Form 4/A for AMAL?
The company filed an amended Form 4/A to correct the reported sales price of the director’s transaction. The price was revised from $41.39 to $43.72 per share, aligning the disclosure with the actual trade execution details.
Was the AMAL insider transaction an open-market sale or another type of trade?
The insider transaction was an open-market sale of common stock. The filing’s transaction code and description specify it as a sale in the open market or private transaction, rather than a grant, option exercise, or tax-related disposition.