Amalgamated director gets 1,623 restricted stock units

SALOUTOS STEVEN reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

SALOUTOS STEVEN reported acquisition or exercise transactions in this Form 4 filing.

Amalgamated Financial Corp. director Steven Saloutos received an award of 1,623 restricted stock units on May 20, 2026, each representing a contingent right to one share of AMAL common stock. The units vest in a single installment on the first anniversary of the grant date, bringing his direct holdings to 3,481 shares.

Insider Trade Summary

Grant/Award: 1,623 shares

Grant/Award 1 txn

Insider SALOUTOS STEVEN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,623	$40.05	$65K

Holdings After Transaction: Common Stock — 3,481 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units awarded to the reporting person on May 20, 2026. The restricted stock units vest in one installment on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of AMAL stock.

Key Figures

RSU grant size: 1,623 units Grant price reference: $40.05 per share Post‑grant holdings: 3,481 shares

3 metrics

RSU grant size 1,623 units Restricted stock units awarded on May 20, 2026

Grant price reference $40.05 per share Reported price per share for the RSU award

Post‑grant holdings 3,481 shares Total common stock reported following the transaction

Key Terms

restricted stock units, vest, contingent right, beneficial ownership

4 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.

vest financial

"The restricted stock units vest in one installment on the first anniversary of the grant date."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of AMAL stock."

beneficial ownership financial

"total_shares_following_transaction shows his beneficial position after the award."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Amalgamated Financial Corp. (AMAL) disclose in this Form 4?

Amalgamated Financial Corp. reported that director Steven Saloutos received 1,623 restricted stock units on May 20, 2026. These units convert into AMAL common shares on vesting, reflecting equity-based compensation rather than an open-market stock purchase or sale.

How many AMAL restricted stock units were granted to Steven Saloutos?

Steven Saloutos was granted 1,623 restricted stock units tied to AMAL common stock. Each unit represents a contingent right to receive one share, giving him additional potential ownership that will settle into shares when the units vest, assuming continued service.

When do Steven Saloutos’s AMAL restricted stock units vest?

The restricted stock units granted to Steven Saloutos vest in one installment on the first anniversary of the May 20, 2026 grant date. After vesting, each unit converts into one share of AMAL common stock, subject to the grant’s standard conditions.

What is Steven Saloutos’s AMAL share position after this equity award?

Following the equity award, Steven Saloutos is reported as holding 3,481 shares of AMAL common stock directly. This figure reflects his ownership position after the 1,623 restricted stock units were granted and included in his reported beneficial holdings.

Was this AMAL Form 4 transaction an open-market stock purchase or sale?

No, this Form 4 reflects a grant of restricted stock units to director Steven Saloutos, not an open-market trade. The transaction is coded as an award acquisition, representing compensation that settles into shares over time rather than immediate buying or selling.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 04:46 PM EDT Learn about SEC filing dates

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^*

SALOUTOS STEVEN

(Last) (First) (Middle)

275 7TH AVENUE

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

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

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

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	05/20/2026		A		1,623(1)	A	$40.05	3,481	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 May 20, 2026. The restricted stock units vest in one installment 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/ Steven SaLoutos	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)