Amalgamated (NASDAQ: AMAL) officer has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Shares withheld for taxes: 340 shares
Withholding price: $39.08 per share
Shares held after transaction: 28,326.37 shares
+1 more
4 metrics
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
Key Terms
tax-withholding disposition, restricted stock unit, Common Stock, Chief Strategy & Admin Officer
4 terms
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""
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.
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.