AMAL executive shares withheld for RSU taxes
Amalgamated Financial Corp. executive Edgar Romney Jr. reported a small tax-related share disposition.
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Rhea-AI Filing Summary
Amalgamated Financial Corp. executive Edgar Romney Jr. reported a small tax-related share disposition. On April 1, he had 340 shares of Common Stock withheld at $39.08 per share to cover taxes tied to a restricted stock unit vesting.
Following this withholding, he directly holds 28,326.37 shares of Amalgamated Financial Corp. common stock. This was not an open-market sale but a routine mechanism to satisfy tax obligations on previously awarded equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 340 | $39.08 | $13K |
Footnotes (1)
- F1. Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on April 1, 2024.
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock unit financial
Common Stock financial
Chief Strategy & Admin Officer financial
FAQ
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What insider transaction did AMAL executive Edgar Romney Jr. report?
Was the AMAL insider transaction an open-market sale or a tax withholding?
AI-generated analysis. How Rhea-AI works. Not financial advice.