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Amalgamated Financial (AMAL) CEO receives 19,262 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brown Priscilla reported acquisition or exercise transactions in this Form 4 filing.

Amalgamated Financial Corp. reported that President & CEO Priscilla Brown received an award of 19,262 restricted stock units on March 6, 2026. Each unit represents a contingent right to receive one share of AMAL common stock.

The award is split between 9,631 units deferred under the Executive Retirement Plan in lieu of a portion of her annual cash incentive and 9,631 matching units under the same plan, with both tranches vesting according to plan terms. Following this grant, Brown directly holds 316,606.76 shares of common stock.

Positive

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Negative

  • None.
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*
Brown Priscilla

(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)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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 03/06/2026 A 19,262(1)(2) A $0 316,606.76 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 restricted stock units awarded to the reporting person on March 6, 2026. Each restricted stock unit represents a contingent right to receive one share of AMAL stock.
2. 9,631 units are deferred under the Executive Retirement Plan in lieu of a portion of the reporting person's annual cash incentive and 9,631 units are matched under the Executive Retirement Plan, both vesting according to the Plan.
Remarks:
/s/ Priscilla Sims Brown 03/10/2026
** 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 transaction did AMAL CEO Priscilla Brown report on this Form 4?

Priscilla Brown reported receiving 19,262 restricted stock units as an equity award. The units were granted at no cash cost to her and are tied to Amalgamated Financial’s Executive Retirement Plan, providing future shares instead of, and in addition to, portions of cash incentive compensation.

How many Amalgamated Financial (AMAL) shares does Priscilla Brown hold after this award?

After the March 6, 2026 award, Priscilla Brown directly holds 316,606.76 shares of Amalgamated Financial common stock. This figure reflects her updated ownership position as reported in the Form 4 and incorporates the impact of the newly granted restricted stock units.

What are the terms of the 19,262 restricted stock units granted to AMAL’s CEO?

The 19,262 restricted stock units each represent a contingent right to receive one AMAL share. Of these, 9,631 units are deferred in lieu of part of her annual cash incentive and 9,631 are matching units, with all units vesting according to the Executive Retirement Plan.

How is the AMAL CEO’s equity award linked to the Executive Retirement Plan?

The award is fully tied to the Executive Retirement Plan. Half of the 19,262 units replace a portion of Brown’s annual cash incentive, while the other half are matching units. Both portions follow the plan’s vesting schedule, aligning compensation with long-term equity interests in Amalgamated Financial.

Did Priscilla Brown buy or sell AMAL shares in the open market in this Form 4?

No open-market buying or selling is reported. The Form 4 shows a grant classified as an acquisition of 19,262 restricted stock units at a price of $0.0000 per unit, reflecting compensation rather than a discretionary market trade in Amalgamated Financial shares.
Amalgamated Bank.

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