Amalgamated Financial (NASDAQ: AMAL) CAO awarded 2,988 RSUs, withholds shares

Rhea-AI Filing Summary

Amalgamated Financial Corp. executive reports stock-based compensation activity. EVP & Chief Accounting Officer Leslie Veluswamy had 281 shares of common stock disposed of in a tax-withholding transaction at $38.49 per share related to a restricted stock unit vesting.

On the same date, Veluswamy received an award of 2,988 restricted stock units at no cost. According to the terms, these units vest in three annual installments beginning on the first anniversary of the March 1, 2026 grant date, with each unit representing one share of AMAL common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider VELUSWAMY LESLIE

Role EVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	281	$38.49	$11K
Grant/Award	Common Stock	2,988	$0.00	--

Holdings After Transaction: Common Stock — 13,727 shares (Direct)

Footnotes (1)

1. Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on March 1, 2024. Represents restricted stock units awarded to the reported person on March 1, 2026. The restricted stock units vest in three annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of AMAL stock.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

VELUSWAMY LESLIE

(Last) (First) (Middle)

275 7TH AVENUE

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Amalgamated Financial Corp. [ AMAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/01/2026		F		281(1)	D	$38.49	13,727	D
Common Stock	03/01/2026		A		2,988(2)	A	$0	16,715	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on March 1, 2024.

2. Represents restricted stock units awarded to the reported person on March 1, 2026. The restricted stock units vest in three annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of AMAL stock.

Remarks:

	/s/Leslie Veluswamy	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did AMAL executive Leslie Veluswamy report on this Form 4?

Leslie Veluswamy reported a tax-withholding disposition of 281 shares at $38.49 per share and an award of 2,988 restricted stock units. Both transactions involved Amalgamated Financial Corp. common stock and occurred in connection with equity-based compensation.

Was the AMAL Form 4 transaction a stock sale by the executive?

The Form 4 shows a tax-withholding disposition of 281 shares at $38.49, not an open-market sale. Shares were withheld to cover obligations associated with a restricted stock unit vesting, as described in the filing’s footnotes.

How many restricted stock units did AMAL grant to Leslie Veluswamy?

Amalgamated Financial Corp. granted 2,988 restricted stock units to Leslie Veluswamy. The award was made on March 1, 2026, with each unit representing a contingent right to receive one share of AMAL common stock upon vesting.

What is the vesting schedule for Leslie Veluswamy’s new AMAL restricted stock units?

The 2,988 restricted stock units vest in three annual installments starting on the first anniversary of the March 1, 2026 grant date. Each installment increases Veluswamy’s right to receive AMAL common shares as long-term incentive compensation.

What role does Leslie Veluswamy hold at Amalgamated Financial Corp.?

Leslie Veluswamy serves as Executive Vice President and Chief Accounting Officer of Amalgamated Financial Corp. The reported Form 4 transactions reflect equity compensation activity tied to this executive role, including restricted stock unit vesting and a new restricted stock unit award.

How many AMAL shares did Leslie Veluswamy hold after these Form 4 transactions?

After the tax-withholding disposition of 281 shares, the non-derivative ownership line shows 13,727 shares. Following the award of 2,988 restricted stock units, another line reports 16,715 shares, reflecting updated direct holdings as reported in the filing.