Amalgamated Financial (AMAL) director granted 1,623 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Meredith reported acquisition or exercise transactions in this Form 4 filing.
Amalgamated Financial Corp. director Meredith Miller received an equity award of 1,623 restricted stock units on AMAL common stock. The award is classified as a grant rather than an open-market purchase. The units vest in a single installment on the first anniversary of the May 20, 2026 grant date, and each unit represents a contingent right to receive one share of AMAL stock. Following this award, Miller directly holds 9,105 shares/units-related equity in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Meredith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,623 | $40.05 | $65K |
Holdings After Transaction:
Common Stock — 9,105 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,623 units
Grant reference price: $40.05 per unit
Post-transaction holdings: 9,105 shares
+2 more
5 metrics
RSUs granted
1,623 units
Restricted stock units awarded on May 20, 2026
Grant reference price
$40.05 per unit
Transaction price per share for RSU award
Post-transaction holdings
9,105 shares
Total non-derivative holdings after RSU grant
Vesting schedule
One-year cliff
Vests in one installment on first anniversary of grant
Share conversion ratio
1 unit : 1 share
Each RSU represents right to receive one AMAL share
Key Terms
restricted stock units, contingent right, grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents restricted stock units awarded to the reporting person on May 20, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of AMAL stock."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Amalgamated Financial Corp. (AMAL) disclose in this Form 4 for Meredith Miller?
Amalgamated Financial Corp. reported that director Meredith Miller received 1,623 restricted stock units on May 20, 2026. These represent a compensation-related equity grant, not an open-market share purchase, and increase her directly held equity position to 9,105 shares-related units.
How many Amalgamated Financial (AMAL) restricted stock units were granted to Meredith Miller?
Meredith Miller received 1,623 restricted stock units tied to AMAL common stock. This equity grant is recorded at a reference price of $40.05 per unit and represents a non-derivative acquisition reported under transaction code A for grant, award, or other acquisition.
When do Meredith Miller’s AMAL restricted stock units vest?
The restricted stock units vest in one installment on the first anniversary of the May 20, 2026 grant date. At vesting, each unit represents a contingent right to receive one share of Amalgamated Financial Corp. common stock, subject to continued service conditions.
Is Meredith Miller’s AMAL Form 4 transaction a market purchase or a compensation grant?
The transaction is a compensation grant, not a market purchase. It is coded as an acquisition under transaction code A, with 1,623 restricted stock units awarded as equity compensation rather than bought on the open market at prevailing market prices.
What is Meredith Miller’s Amalgamated Financial holding after this RSU grant?
After the grant, Meredith Miller’s total directly held equity position is reported as 9,105 shares. This figure reflects her ownership following the 1,623 restricted stock unit award, as disclosed in the Form 4’s post-transaction holdings field for non-derivative securities.