Amalgamated Financial (AMAL) director receives 1,623 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bruce Maryann reported acquisition or exercise transactions in this Form 4 filing.
Amalgamated Financial Corp. director Bruce Maryann reported an award of 1,623 shares of common stock in the form of restricted stock units on May 20, 2026 at a reference price of $40.05 per share. These restricted stock units vest in a single installment on the first anniversary of the grant date, with each unit representing a contingent right to receive one share of AMAL stock. Following this grant, Maryann directly holds 22,031 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bruce Maryann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,623 | $40.05 | $65K |
Holdings After Transaction:
Common Stock — 22,031 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,623 shares
Grant reference price: $40.05 per share
Shares owned after grant: 22,031 shares
+1 more
4 metrics
RSU grant size
1,623 shares
Restricted stock units awarded on May 20, 2026
Grant reference price
$40.05 per share
Price per share used for the RSU award
Shares owned after grant
22,031 shares
Total direct holdings following the RSU award
Vesting schedule
1-year cliff vesting
RSUs vest in one installment on first anniversary
Key Terms
restricted stock units, contingent right, grant date
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 date financial
"The restricted stock units vest in one installment on the first anniversary of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Amalgamated Financial (AMAL) director Bruce Maryann report in this Form 4?
Director Bruce Maryann reported receiving 1,623 restricted stock units of Amalgamated Financial common stock. The award reflects equity-based compensation and increases his direct holdings to 22,031 shares after the transaction as disclosed in the filing.
What is the vesting schedule for Bruce Maryann’s Amalgamated Financial restricted stock units?
The restricted stock units vest in one installment on the first anniversary of the May 20, 2026 grant date. After vesting, each unit converts into one share of Amalgamated Financial common stock, assuming the award remains outstanding.
Is Bruce Maryann’s transaction in Amalgamated Financial stock a market purchase or sale?
The transaction is an acquisition through a grant of restricted stock units, not an open-market purchase or sale. It is coded as a grant, award, or other acquisition and reflects equity compensation rather than trading activity.
What does each restricted stock unit in this Amalgamated Financial grant represent?
Each restricted stock unit represents a contingent right to receive one share of Amalgamated Financial common stock. The units convert into actual shares when they vest on the first anniversary of the May 20, 2026 grant date.