Amalgamated (AMAL) accounting chief withholds 258 shares for tax payment

Rhea-AI Filing Summary

Amalgamated Financial Corp. executive Leslie Veluswamy, EVP & Chief Accounting Officer, reported a Form 4 showing a tax-related share withholding. On the restricted stock vesting date, 258 shares of common stock were disposed of at $39.93 per share to cover tax obligations, leaving 14,008 shares directly owned.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider VELUSWAMY LESLIE

Role EVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	258	$39.93	$10K

Holdings After Transaction: Common Stock — 14,008 shares (Direct)

Footnotes (1)

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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)
02/19/2026

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	02/19/2026		F		258(1)	D	$39.93	14,008	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 February 19, 2025.

Remarks:

	/s/ Leslie Veluswamy	02/23/2026
	** 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 executive Leslie Veluswamy report?

Leslie Veluswamy reported a tax-related share withholding of 258 shares of Amalgamated Financial Corp. common stock. The shares were disposed of in connection with restricted stock vesting, using the stock to satisfy tax obligations instead of executing an open-market sale.

What was the price and size of the AMAL share withholding transaction?

The transaction involved 258 shares of Amalgamated Financial Corp. common stock at a price of $39.93 per share. This was a tax-withholding disposition linked to restricted stock unit vesting, rather than a discretionary buy or sell of shares on the open market.

How many AMAL shares does Leslie Veluswamy own after this Form 4 transaction?

After the tax-withholding transaction, Leslie Veluswamy directly owns 14,008 shares of Amalgamated Financial Corp. common stock. This figure reflects the net position following the 258-share disposition associated with the vesting of a restricted stock unit installment.

Why were AMAL shares disposed of in Leslie Veluswamy’s Form 4 filing?

The shares were disposed of to cover tax liabilities from a restricted stock unit installment that vested. Instead of paying cash, 258 shares were withheld and delivered, consistent with a tax-withholding disposition reported under transaction code F on the Form 4.

What does transaction code F mean in the AMAL Form 4 for Leslie Veluswamy?

Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 258 Amalgamated Financial Corp. shares were withheld when a restricted stock unit installment vested, satisfying tax obligations without an open-market sale.