Amalgamated (NASDAQ: AMAL) officer reports tax-withholding share disposition
Rhea-AI Filing Summary
Amalgamated Financial Corp. insider reports tax-withholding share disposition. Chief Strategy & Admin Officer Romney Edgar Jr had 1,559 shares of common stock withheld at $39.93 per share to cover taxes upon vesting of restricted stock units awarded on February 19, 2025. After this non-open-market transaction, he directly holds 25,498.41 shares of common stock.
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Insider Trade Summary
Net Seller: 1,559 shares
Net Sell
1 txn
Insider
Romney Edgar Jr
Role
Chief Strategy & Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,559 | $39.93 | $62K |
Holdings After Transaction:
Common Stock — 25,498.41 shares (Direct)
Footnotes (1)
- F1. Represents the shares withheld related to the vesting of restricted stock unit installments, awarded to the reporting person on February 19, 2025.
FAQ
What insider transaction did AMAL executive Romney Edgar Jr report?
Romney Edgar Jr reported a tax-related disposition of 1,559 shares of Amalgamated Financial Corp. common stock. The shares were withheld to cover taxes tied to vesting restricted stock units, rather than sold in an open-market transaction, and reflect routine equity compensation administration.
What does transaction code F mean in the AMAL Form 4 filing?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 1,559 AMAL shares were withheld to satisfy tax obligations upon vesting restricted stock units, making the event a tax-withholding disposition instead of a voluntary market sale.
Was the AMAL insider transaction a direct or indirect ownership change?
The reported transaction relates to directly held shares of common stock. Following the 1,559-share tax-withholding disposition, Romney Edgar Jr’s direct ownership stands at 25,498.41 shares, with no indication in the disclosure of indirect entities or separate voting or investment authority arrangements.
AI-generated analysis. How Rhea-AI works. Not financial advice.