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Amalgamated (NASDAQ: AMAL) officer has shares withheld to cover RSU taxes

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

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.

Positive

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Negative

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Insider Romney Edgar Jr
Role Chief Strategy & Admin Officer
Type Security Shares Price Value
Tax Withholding Common Stock 340 $39.08 $13K
Holdings After Transaction: Common Stock — 28,326.37 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 340 shares Tax-withholding disposition on April 1, 2026
Withholding price $39.08 per share Value used for tax-withholding shares
Shares held after transaction 28,326.37 shares Direct Common Stock ownership following withholding
Tax-withholding shares count 340 shares Reported as taxWithholdingShares in transaction summary
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock unit financial
"shares withheld related to the vesting of a restricted stock unit installment"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Strategy & Admin Officer financial
"officer_title": "Chief Strategy & Admin Officer""
SEC Form 4
FORM 4UNITED 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*
Romney Edgar Jr

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy & Admin Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F340(1)D$39.0828,326.37D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 April 1, 2024.
Remarks:
/s/ Edgar Romney Jr.04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did AMAL executive Edgar Romney Jr. report?

Edgar Romney Jr. reported a tax-related share disposition, where 340 shares of Amalgamated Financial Corp. Common Stock were withheld at $39.08 per share. The withholding satisfied tax obligations from a restricted stock unit vesting, not an open-market sale or discretionary trade.

How many AMAL shares were involved in Edgar Romney Jr.’s April 1 transaction?

The transaction involved 340 shares of Amalgamated Financial Corp. Common Stock. These shares were withheld by the company to cover tax liabilities associated with the vesting of a restricted stock unit installment previously awarded to Edgar Romney Jr.

What price was used for the AMAL shares withheld for taxes?

The 340 withheld shares of Amalgamated Financial Corp. Common Stock were valued at $39.08 per share. This price is used to determine the tax-withholding amount related to the vesting of a restricted stock unit installment granted in April 2024.

How many AMAL shares does Edgar Romney Jr. hold after this transaction?

After the tax-withholding transaction, Edgar Romney Jr. directly holds 28,326.37 shares of Amalgamated Financial Corp. Common Stock. This figure reflects his remaining direct ownership following the 340 shares withheld to satisfy tax obligations on vested restricted stock units.

Was the AMAL insider transaction an open-market sale or a tax withholding?

The transaction was a tax withholding, not an open-market sale. Amalgamated Financial Corp. withheld 340 shares from Edgar Romney Jr. to pay taxes due on a restricted stock unit vesting, a routine compensation-related event rather than a discretionary sale of shares.