Amalgamated labor affiliates sell 156K shares
Union-affiliated Section 16 holders report selling 156,351 AMAL common shares in early September 2026 while continuing to hold a multi‑million‑share position.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) reports that several affiliated labor-organizations identified as Section 16 reporting persons filed sales of its Common Stock. Across five open-market or private transactions on September 3–8, 2026, these reporting persons sold a total of 156,351 shares at weighted-average prices around the high-$40s per share and report direct ownership positions that include 6,988,726.93 shares of Common Stock for one such entity. The reporting persons state they may be deemed part of a “group” but expressly disclaim beneficial ownership of securities beyond their pecuniary interests.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 156,351 shares
Net Sell
17 txns
Insider
Western States Regional Joint Board, Workers United, Workers United Canada Council, Southern Region Workers United/SEIU, Southwest Regional Joint Board, Workers United
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
156,351 shs ($7.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F20, F1, F15, F16, F17 | 29,892 | $48.5222 | $1.45M |
| Sale | Common Stock F22, F2, F15, F16, F17 | 13,018 | $48.6452 | $633K |
| Sale | Common Stock F19, F1, F15, F16, F17 | 45,801 | $49.2266 | $2.25M |
| Sale | Common Stock F21, F2, F15, F16, F17 | 22,982 | $49.1392 | $1.13M |
| Sale | Common Stock F18, F1, F15, F16, F17 | 44,658 | $49.4306 | $2.21M |
| holding | Common Stock, par value $0.01 per share (Common Stock) F4, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F3, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F5, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F6, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F7, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F8, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F9, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F10, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F11, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F12, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F13, F15, F16, F17 | -- | -- | -- |
| holding | Common Stock F14, F15, F16, F17 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,930,965.09 shares (Direct);
Common Stock, par value $0.01 per share (Common Stock) — 6,988,726.93 shares (Direct)
Footnotes (22)
- F1. Reflects securities directly owned by Rochester Regional Joint Board, Workers United ("Rochester Workers United").
- F2. Reflects securities directly owned by Pennsylvania Joint Board Workers United ("Pennsylvania Joint Board").
- F3. Reflects securities directly owned by Philadelphia Joint Board, Workers United ("Philadelphia Joint Board").
- F4. Reflects securities directly owned by Workers United.
- F5. Reflects securities directly owned by Chicago & Midwest Regional Joint Board, Workers United ("Chicago & Midwest").
- F6. Reflects securities directly owned by Laundry, Distribution & Food Service Joint Board, Workers United ("Laundry, Distribution & Food Service").
- F7. Reflects securities directly owned by Local 50, Workers United ("Local 50").
- F8. Reflects securities directly owned by Mid-Atlantic Regional Joint Board, Workers United ("Mid-Atlantic Regional").
- F9. Reflects securities directly owned by New York-New Jersey Regional Joint Board, Workers United ("New York-New Jersey Regional").
- F10. Reflects securities directly owned by Rochester Regional Joint Board Fund for the Future ("Rochester Regional Fund").
- F11. Reflects securities directly owned by Western States Regional Joint Board, Workers United ("Western States").
- F12. Reflects securities directly owned by Workers United Canada Council ("Workers United Canada").
- F13. Reflects securities directly owned by Workers United, Southern Regional Joint Board ("Southern Regional").
- F14. Reflects securities directly owned by Southwest Regional Joint Board ("Southwest").
- F15. For purposes of this filing, the "Reporting Persons" means, as applicable, Workers United, Chicago & Midwest, Laundry, Distribution & Food Service, Local 50, Mid-Atlantic Regional, New York-New Jersey Regional, Pennsylvania Joint Board, Philadelphia Joint Board, Rochester Regional Fund, Rochester Workers United, Western States, Workers United Canada, Southern Regional and Southwest.
- F16. The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, any Reporting Person is the beneficial owner of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein, if any.
- F17. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
- F18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.1000 to $49.9400, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.0000 to $49.4500, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.2500 to $48.7300, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.1000 to $49.2800, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.6000 to $48.7000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Key Figures
Total shares sold: 156,351 shares
Sale on September 8, 2026 (lot 1): 29,892 shares at $48.5222 per share
Sale on September 8, 2026 (lot 2): 13,018 shares at $48.6452 per share
+4 more
7 metrics
Total shares sold
156,351 shares
Aggregate common shares sold by reporting persons on September 3–8, 2026
Sale on September 8, 2026 (lot 1)
29,892 shares at $48.5222 per share
Common Stock sale coded as open-market or private transaction
Sale on September 8, 2026 (lot 2)
13,018 shares at $48.6452 per share
Common Stock sale coded as open-market or private transaction
Sale on September 4, 2026 (lot 1)
45,801 shares at $49.2266 per share
Common Stock sale with weighted-average pricing
Sale on September 4, 2026 (lot 2)
22,982 shares at $49.1392 per share
Common Stock sale with weighted-average pricing
Sale on September 3, 2026
44,658 shares at $49.4306 per share
Common Stock sale with weighted-average pricing
Direct holdings for Workers United
6,988,726.93 shares
Common Stock held directly as of September 3, 2026
Key Terms
weighted average price, pecuniary interest, beneficial ownership, Section 16, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein"
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.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
group regulatory
"may be deemed to be a member of a "group" for purposes of the Securities Exchange Act"
FAQ
What insider activity did AMAL report in this Form 4 filing?
The filing reports that labor-organization reporting persons sold a total of 156,351 shares of Amalgamated Financial Corp. common stock in five open-market or private transactions between September 3 and 8, 2026, at weighted-average prices in the high-$40s per share.
Who are the reporting persons in the AMAL Form 4?
The reporting persons include Western States Regional Joint Board, Workers United, Workers United Canada Council, Southern Region Workers United/SEIU, and Southwest Regional Joint Board, Workers United, each identified as a ten percent owner for Section 16 reporting purposes.
Did the AMAL Form 4 indicate trades under a Rule 10b5-1 trading plan?
No. The document-level indicator for Rule 10b5-1 status is false, and the footnotes do not state that these transactions were executed pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
Do the AMAL reporting persons claim full beneficial ownership of the reported securities?
No. The reporting persons state that they may be deemed part of a “group” but expressly disclaim beneficial ownership of any securities not directly owned and of securities beyond their respective pecuniary interest, if any.
AI-generated analysis. How Rhea-AI works. Not financial advice.
