Amalgamated (NASDAQ: AMAL) officer reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Romney Edgar Jr
Role
Chief Strategy & Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,559 | $39.93 | $62K |
Holdings After Transaction:
Common Stock — 25,498.41 shares (Direct)
Footnotes (1)
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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.