Amalgamated Financial (AMAL) CEO receives 19,262 restricted stock units
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Priscilla
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,262 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 316,606.76 shares (Direct)
Footnotes (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. 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.
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.
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.