Amalgamated (AMAL) director granted 1,623 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Romney Edgar reported acquisition or exercise transactions in this Form 4 filing.
Amalgamated Financial Corp. director Edgar Romney received a grant of 1,623 restricted stock units on May 20, 2026. The award is referenced at a price of $40.05 per share and is a compensation-related grant, not an open-market purchase. The restricted stock units vest in a single installment on the first anniversary of the grant date, and each unit represents a contingent right to receive one share of AMAL common stock. Following this award, Romney’s directly held stake reported in the filing is 20,697 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Romney Edgar
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,623 | $40.05 | $65K |
Holdings After Transaction:
Common Stock — 20,697 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 1,623 units
Grant reference price: $40.05 per share
Shares after transaction: 20,697 shares
+2 more
5 metrics
Restricted stock units granted
1,623 units
Equity award to director on May 20, 2026
Grant reference price
$40.05 per share
Reported price for the RSU award
Shares after transaction
20,697 shares
Total direct holdings following the grant
Vesting schedule
One installment
Vests on first anniversary of May 20, 2026 grant
RSU-to-share ratio
1 unit : 1 share
Each RSU represents a contingent right to one AMAL share
Key Terms
restricted stock units, vest in one installment, contingent right
3 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 in one installment financial
"The restricted stock units vest in one installment on the first anniversary of the grant date."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of AMAL stock."
FAQ
What did Edgar Romney report in this Amalgamated (AMAL) Form 4 filing?
Edgar Romney reported receiving 1,623 restricted stock units in Amalgamated Financial Corp. This is a compensation-related equity grant, not an open-market share purchase, and increases his directly reported holdings to 20,697 shares after the award.
How many Amalgamated (AMAL) restricted stock units were granted to Edgar Romney?
Edgar Romney was granted 1,623 restricted stock units linked to Amalgamated Financial Corp. common stock. Each unit represents a contingent right to receive one share of AMAL stock, subject to time-based vesting conditions described in the filing’s footnote.
At what reference price were Edgar Romney’s Amalgamated (AMAL) units reported?
The 1,623 restricted stock units were reported with a reference price of $40.05 per share. This price reflects the grant valuation disclosed in the Form 4 and does not indicate an open-market purchase transaction in the company’s stock.
When do Edgar Romney’s Amalgamated (AMAL) restricted stock units vest?
The restricted stock units awarded to Edgar Romney vest in one installment on the first anniversary of the May 20, 2026 grant date. Once vested, each unit entitles him to receive one share of Amalgamated Financial Corp. common stock.
Is Edgar Romney’s Amalgamated (AMAL) Form 4 grant an open-market stock purchase?
No, the Form 4 shows a compensation grant of restricted stock units, not an open-market stock purchase. The transaction code “A” and footnote language indicate a grant or award that vests over time rather than a discretionary buy in the market.